The Economic and Financial Crimes Commission (EFCC) made a shocking revelation about an unnamed religious sect as regards money laundering.
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, says the agency uncovered a religious sect in Nigeria allegedly laundering money for terrorists.
Also, he revealed that another religious body was found to be protecting a money launderer.
This was after some funds suspected to have been laundered was traced to the organisation’s bank account.
The EFCC boss made the revelation on Wednesday at the Musa Yar’Adua Centre, Abuja, during a one-day dialogue on “Youth, Religion, and the Fight against Corruption”.
He noted that religious organisations, institutions, sects, and bodies, have been found culpable of money laundering.
Olukoyede said: “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 we have approached the religious organisation about it.
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“We were carrying out our investigation. We got a restraining order stopping us from carrying out our investigation,” he said.
The event is still ongoing as at the time of writing this report.
