Ola Olukoyede, the Chairman of the Economic and Financial Crimes Commission (EFCC), has disclosed that the anti-graft agency has uncovered instances of money laundering by a religious sect in Nigeria, allegedly funding terrorists.

Another religious organization was also identified as harbouring a money launderer, as funds suspected of being laundered were traced to the organization's bank account.

Speaking at the Musa Yar’Adua Centre in Abuja during a one-day dialogue on "Youth, Religion, and the Fight against Corruption," Olukoyede emphasized that various religious entities, including organizations, institutions, sects, and bodies, have been implicated in money laundering activities.

During the event, the President of the Christian Association of Nigeria, Daniel Okoh, and the Sultan of Sokoto, Saad Abubakar, stressed the importance of religious bodies maintaining integrity in their dealings. Okoh was the first to address the audience.