The Chairman of the Economic and Financial Crimes Commission, Mr Ola Olukoyede, has said that the commission has traced N7 billion out of N13 billion suspected terror funds to a religious sect’s account.
Olukoyede explained that the sect which he did not mentioned was laundering funds for terrorists.
The EFCC spoke at a public engagement on youth, religion, and the fight against corruption as well as the launch of the fraud risk assessment project for ministries, departments, and agencies, in Abuja on Wednesday.
The one-day event was organized to tackle the challenges of youth involvement in cybercrimes and how religion could be used as a weapon for their reorientation.
He told his audience that the religious organization rushed to obtain a restraining order to prevent the EFCC from investigation its leaders.
Lamenting that religious bodies have been found culpable of money laundering, Olukoyede said the commission has made moves to vacate the order.
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 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.”
