Religious sect laundering money for terrorists – EFCC Chairman

Ola Olukoyede, the head of the Economic and Financial Crimes Commission (EFCC), has disclosed that the organization has identified a religious sect in Nigeria involved in money laundering for terrorists.

He said this during a one-day dialogue on “Youth, Religion, and the Fight against Corruption” held at the Musa Yar’Adua Centre in Abuja on Wednesday.

Addressing the audience, Olukoyede emphasized that investigations have revealed the alarming trend of utilizing religious organizations, institutions, sects, and bodies as channels for money laundering.

”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 organization, and when we approached the religious organization about it and we were carrying out our investigation, we got a restraining order stopping us from carrying out our investigation,” he said