NewsOnline Nigeria reports that the General Overseer of Faith On The Rock Ministry International, Apostle Theophilus Oloche Ebonyi, has been apprehended by the Economic and Financial Crimes Commission (EFCC).
This Nigeria news platform gathered that Apostle Theophilus stands accused of defrauding his congregation and other Nigerians through the use of counterfeit grants, purportedly from the Ford Foundation, totaling N1,319,040,274.31.
According to a statement by EFCC spokesperson Dele Oyewale, Ebonyi’s arrest stems from allegations of swindling victims, including non-governmental organizations (NGOs) and individuals.
He allegedly promoted an intervention project via his NGO, Theobarth Global Foundation, falsely asserting that the Ford Foundation was offering a $20,000,000.000 grant to aid the less fortunate in society.
It was reported that Ebonyi utilized various social media platforms to promote his fraudulent grant, supposedly from the Ford Foundation, to his followers.
The statement added that Ebonyi “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. Through this arrangement, Ebonyi allegedly raked in N1,391,040, 274.31. His subscribers are innocent and unsuspecting Nigerians and NGOs across the country.”
EFCC investigations revealed that the Ford Foundation had no affiliation, grant, association, or dealings with Ebonyi.
NewsOnline Nigeria reports that the Foundation explicitly disavowed any connection with him or his NGO, emphasizing their lack of association.
Additionally, the EFCC has traced five properties acquired by Ebonyi as proceeds from his illicit activities.
The anti-graft agency further stated that the suspect would face charges in court once investigations are concluded.
Over 2,000 individuals from the Ikeja Police Barracks community benefited from an impactful outreach program spearheaded by Young Professionals for Tinubu (YP4T), an…
Open Heaven 24 December 2024 RCCG Daily Devotional can be accessed below. NewsOnline Nigeria…
Black Market Dollar To Naira Exchange Rate in Lagos and FCT today, 24 December 2024.…
Dele Farotimi has been released from prison few hours to Christmas. NewsOnline Nigeria reports…
Queen Naomi, Oriyomi, and Fasasi have been remanded in prison over the Ibadan stampede. …
Forty years after the release of the original JESUS film, Jesus Film Project is releasing an…