We have uncovered a religious sect laundering money for terrorists – EFCC Chairman

Ola Olukoyede, the chairman of the Economic and Financial Crimes Commission, claims that the organization has discovered how a Nigerian religious group is financing terrorism.

The disclosure was made by the head of the EFCC on Wednesday during a one-day dialogue on “Youth, Religion, and the Fight against Corruption” at the Musa Yar’Adua Centre in Abuja.

Investigations have revealed that religious institutions, bodies, and groups are increasingly being exploited as conduits for money laundering, Olukoyede said during his speech at the event.

It was discovered that a certain religious group in this nation was financing terrorists. We were able to link some money that had been laundered to a religious institution, and when we inquired about it and continued our inquiry, we got a restraining order stopping us from carrying out our investigation,” he said