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EFCC arrests Pastor for defrauding church members of N1.3bn

By Joe Udo

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, Thirty-One Kobo).

Ebonyi was arrested on Monday for defrauding his victims, comprising Non-Governmental Organisations, NGOs and individuals by advertising an intervention project through his NGO (Theobarth Global Foundation) claiming that the Ford Foundation was offering a grant of $20,000,000.000 (Twenty Billion United States Dollars) to assist the less-privileged in the society.

He allegedly beguiled his victims to subscribe as beneficiaries of the phoney 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.

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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 proceeds of his criminal dealings.

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

“He would be charged to court as soon as investigations are concluded,” a statement by EFCC said.

EFCC arrests Pastor for defrauding church members of N1.3bn
Apostle Theophilus Oloche Ebonyi

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Joe Udo
Joe Udo
Joe Udo is a creative writer and a Blogger with several years of experience.

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