Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, says the anti-graft agency has uncovered a religious sect laundering money for terrorists.

Olukoyede, who made the revelation at dialogue on ‘Youth, Religion, and the Fight against Corruption’, on Wednesday in Abuja, also said N7 billion fraud proceeds was traced to another religious organisation.

He noted that the EFCC had found religious organisations, institutions, sects and bodies culpable of money laundering in the country.

Olukoyede said one of such religious bodies dragged the Commission to court to protect its leader after laundered money was traced to its bank account.

The EFCC boss said the religious body got a court injunction restraining the Commission from inviting, arresting or prosecuting its leader.

However, Olukoyede did not name the concerned religious organisations.

“We will not give up on recovering the stolen funds,” Olukoyede said.

“It is so sad that as I stand before the eminent audience today, that our experience in fighting corruption has to do with the religious leaders and even traditional rulers.

“As I stand before you there is a matter we are handling of over N30 billion fleeced from Nigeria, and we were able to trace N7 billion to a particular religious body.

“As we wrote a letter to the leader, the next thing we saw was a restraining order, stopping us from inviting them, stopping us from recovering the money.”