A brand new investigation by the Financial and Monetary Crimes Fee (EFCC) has revealed how the arrested Basic Overseer of Religion On The Rock Ministry Worldwide, Apostle Theophilus Oloche Ebonyi, acquired properties value billions from the proceeds of his fraudulent dealings.
Ebonyi was arrested by the EFCC in 2023 for allegedly defrauding his church members and different Nigerians utilizing faux Ford Basis grants value N1,319,040,274.31.
EFCC mentioned in a press release that the investigation carried out confirmed that Ebonyi had acquired a 23-room resort, a pure water manufacturing facility, two blocks of a main college and two bungalow workplaces in Nyanya-Gwandara.
The Fee disclosed that Ebonyi acquired a five-bedroom duplex home in Karsana, Abuja and in addition arrange a dwell broadcast channel with studio gear for his Theobarth International Basis utilizing the cash from his subscribers.
It acknowledged that Ebonyi defrauded his victims comprising non-governmental organizations, NGOs and people by promoting an intervention undertaking by way of his NGO (Theobarth International Basis), claiming that the Ford Basis would obtain a $20,000 grant ,000,000 provided.
He’s mentioned to have urged his victims to register as beneficiaries of the grant by asking them to pay for registration kinds and clusters, requiring every subscriber to pay N1,800,000.
Investigations by the EFCC revealed that the Ford Basis had no settlement, grant, relationship or enterprise relationship with Ebonyi.
