ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, October 7, 2025
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Crime Watch

BREAKING: EFCC Arraigns Pastor Arrested For N1.3bn Fraud

the anti-graft agency made this known in a statement tagged “EFCC Arrests Pastor for N1.3 Billion Fake Grants, Money Laundering” posted on its verified X handle, @officialEFCC, on Monday.

by NewsOnline Nigeria
February 6, 2024
in Crime Watch, Headline
0
EFCC

EFCC is set to arraign the Pastor arrested for N1.3bn fraud.

 

NewsOnline Nigeria reports that the Economic and Financial Crimes Commission has said it will arraign the General Overseer of Faith on the Rock Ministry International, Nasarawa State, Apostle Theophilus Ebonyi, whom it reportedly arrested for allegedly defrauding church members and other Nigerians as soon it concludes its investigation.

 

This Nigeria news platform understands that the anti-graft agency made this known in a statement tagged “EFCC Arrests Pastor for N1.3 Billion Fake Grants, Money Laundering” posted on its verified X handle, @officialEFCC, on Monday.

 

SEE ALSO: EFCC Arrests Popular Church General Overseer For Defrauding Members Over N1.3 Billion

 

The statement said the pastor was arrested for allegedly using fake grants from the Ford Foundation to the tune of $1,319,040,274.31.

 

However, Ebonyi, in a Facebook Live video monitored by our correspondent on Monday evening claimed he was not arrested by the EFCC or any other organisation while faulting bloggers for being responsible for the “fake news”.

 

This was countered by the EFCC spokesperson, Dele Oyewale, who told PUNCH Metro exclusively that Ebonyi had been released on bail after his arrest in June 2023.

 

The statement partly read, “Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested the General Overseer of Faith on The Rock Ministry International, Apostle Theophilus Oloche Ebonyi, for defrauding church members and other Nigerians using fake grants from the Ford Foundation to the tune of N1,319,040,274.31 (one billion, three hundred and nineteen million, forty thousand, two hundred and seventy-four naira, and thirty-one kobo).

 

Ebonyi was arrested for defrauding his victims, comprising non-governmental organizations, NGOs, and individuals, by advertising an intervention project through his NGO (Theobarth Global Foundation), claiming that the Ford Foundation was offering a grant of $20,000,000 (twenty billion United States dollars) to assist the less-privileged in society.

 

“He allegedly beguiled his victims to subscribe as beneficiaries of the phony grant by asking them to pay for registration forms and clusters. Each subscriber was made to pay N1,800,000 (one million, eight hundred thousand Naira only). Through this arrangement, Ebonyi allegedly raked in N1,391,040,274.31.

 

“His subscribers are innocent and unsuspecting Nigerians and NGOs across the country.

 

“Investigations by the EFCC showed that the Ford Foundation had no arrangement, grant, relationship or business with Ebonyi.

 

“The Foundation pointedly disclaimed him and his NGO, stressing that it had no link whatsoever with them. The Commission has also traced five properties he acquired as a result of his criminal dealings.

 

“Ebonyi is still reportedly reaching his subscribers on some social media platforms to market his spurious grant from the Ford Foundation.

 

“He will be charged in court as soon as investigations are concluded.”

ADVERTISEMENT
Previous Post

Biden, Sunak, Other World Leaders Sympathise With King Charles Over Cancer Diagnosis

Next Post

Bank Directors Declare Support For CBN Directive On Sale Of Excess Dollars

Next Post

Bank Directors Declare Support For CBN Directive On Sale Of Excess Dollars

Trending Stories

No Content Available

Latest Stories

President Trump to Host Historic UFC Event at the White House on His 80th Birthday

Wike Confirms Implementing Tinubu’s Vision to Make Abuja Compete with Global Cities

ACF Southwest Chapter Re-Elects Executives for Second Term After Vote of Confidence in Ogbomoso

BREAKING: Cooking Gas Price Soars To All Time Record High Amid Scarcity

May Edochie Reveals She Met Yul at a GCE Centre

Daddy Freeze Reveals He Married His Ex-Wife Because She Got Pregnant

2025 U-20 World Cup: Sani Says Determination Helped Flying Eagles Secure Draw Against Colombia

Seyi Shay: Wizkid Showed Me How to Navigate the Music Industry

BBNaija: How Imisi Emerged Winner of 10/10 Season Through Viewers’ Votes

BBNaija 10: Delta Governor’s Aide Threatens Legal Action Over Dede’s Defeat to Imisi

ADVERTISEMENT

NEWSONLINE NIGERIA

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2025 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria

Exit mobile version