EFCC Chairman Says Religious Sect Linked to Money Laundering for Terrorists in Nigeria

The Chairman of the Economic and Financial Crimes Commission (EFCC) Ola Olukoyede has said that the agency uncovered how a religious sect is laundering money for terrorists in Nigeria.

This was made known by Olukoyede on Wednesday at the Musa Yar’Adua Centre, Abuja during a one-day dialogue on “Youth, Religion, and the Fight against Corruption.”

The EFCC boss also revealed that another religious body was found to be protecting a money launderer after some money suspected to have been laundered was traced to the bank account of the organisation.

He further disclosed that when officials of the commission were carrying out investigations, they got a restraining order stopping them from investigating the organisation.

“A religious sect in this country had been found to be laundering money for terrorists,” he said.

“We were able to trace some laundered money to a religious organisation, and when we approached the religious organisation about it and we were carrying out our investigation, we got a restraining order stopping us from carrying out our investigation.”

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