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How general overseer acquired hotel, factory with alleged fraudulent funds – EFCC

A fresh investigation by the Economic and Financial Crimes Commission (EFCC) has revealed how arrested General Overseer of Faith On The Rock Ministry International, Apostle Theophilus Oloche Ebonyi, acquired properties worth billions from proceeds from his fraudulent dealings.

Ebonyi was arrested by the EFCC in 2023 for allegedly defrauding his church members and other Nigerians using fake grants from the Ford Foundation to the tune of N1,319,040,274.31.

EFCC, in a statement, said investigations carried out showed that Ebonyi acquired a 23-room hotel, a pure water factory, two blocks of a Primary School, and two bungalow offices at Nyanya-Gwandara.

The Commission disclosed that Ebonyi acquired a five-bedroom duplex at Karsana, Abuja and also set up a live broadcast channel with studio equipment for his Theobarth Global Foundation with the funds of his subscribers.

It stated that Ebonyi defrauded…
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