The Economic and Financial Crimes Commission has arrested the General Overseer of Faith on The Rock Ministry International, Apostle Theophilus Ebonyi, over N1.3bn allegation of defrauding church members and other Nigerians.
EFCC Spokesperson, Dele Oyewale, who made this known in a statement on Monday in Abuja, said the pastor was arrested for allegedly using fake grants from the Ford Foundation to the tune of N1,319,040,274.31.
“Ebonyi was arrested 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 billion dollar to assist the less-privileged in the society.
“He 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 (One Million, Eight Hundred Thousand Naira only).
“Through this arrangement, Ebonyi allegedly raked in N1,391,040, 274.31. (One Billion Three Hundred and Nineteen Million, Forty Thousand, Two Hundred and Seventy Four Naira, Thirty One Kobo).
“His subscribers are innocent and unsuspecting Nigerians and NGOs across the country,” he said.
