The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has unveiled a disturbing revelation that a religious sect in Nigeria is involved in money laundering for terrorists.
In a one-day dialogue on “Youth, Religion, and the Fight against Corruption” at the Musa Yar’Adua Centre, Abuja, Olukoyede exposed how another religious body obstructed an investigation into money suspected to be laundered through its bank account.
Adding to the gravity of the situation, Olukoyede revealed another religious body’s complicity, protecting a money launderer.
This disclosure follows the tracing of suspected laundered money to the organization’s bank account.
The EFCC chairman highlighted the culpability of various religious organizations, institutions, sects, and bodies in money laundering activities, underscoring the need for heightened scrutiny in these sectors.
Olukoyede stated,“A religious sect in this country had been found to be laundering money for terrorists.
“We were able to trace some laundered money to a religious organisation, and when we apporached the religious organisation about it and we were carrying out our investigation, we got a restraining order stopping us from carrying out our investigation.”
