FEATURED
N1.3bn Fraud: EFCC Reveals How ‘Daddy GO’, Ebonyi Acquired Hotel, Factory With Subscribers’ Funds
Fresh facts have emerged about the alleged criminal activities of the General Overseer of Faith On The Rock Ministry International, Apostle Theophilus Oloche Ebonyi, recently arrested by the Economic and Financial Crimes Commission, (EFCC).
Investigations showed that Ebonyi acquired a 23-room hotel, a pure water factory, two blocks of a Primary School and two bungalow office at Nyanya-Gwandara, New Karu, Abuja and a five-bedroom duplex at Karsana, Abuja with the proceeds of his fraudulent dealings with his subscribers. He also set up a live broadcast channel with studio equipment for his Theobarth Global Foundation with the funds of his subscribers.
Ebonyi was arrested in 2023 by the EFCC 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 (One Billion Three Hundred and Nineteen Million, Forty Thousand, Two Hundred and Seventy Four Naira, Thirty One Kobo)
Specifically, he 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 $20,000,000.000 (Twenty Billion United State Dollars) to assist the less-privileged in the society.
He allegedly hoodwinked 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. His subscribers are innocent and unsuspecting Nigerians and NGOs across the country.
Investigations by the EFCC showed that 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.
EFCC says Ebonyi is still reportedly reaching his subscribers on some social media platforms to market his spurious grant from Ford Foundation.
Oborevwori Celebrates Bishop Ewherido, Fr. Anamali 40th Priestly Anniversary In Warri
ICPC Recovers ₦5.3bn From LG Accounts In 7 States, FCT, Moves To Put Every LG’s Books Online
Nigeria Cannot Progress With Primitive Leadership Selection, Jonathan Warns
Amupitan Not Resigning — INEC Debunks Viral Image After London’s Chatham Protest
‘Every Win Encourages Us To Do Better’ — Oborevwori Reacts To Sun Governor Of The Year Award
Bayelsa Gas Deal With US Firm Could Exceed $3bn Guyana Project – Fulcrum CEO
Why Malaysian Police Shot Dead Nigerian Man After Officer’s Hand Was Severed.
Nigerian-British Retiree Found Dead in London Home, Wife Recounts Final Phone Call
Portable Claims Yayi Paid Him N100m for APC Campaign Activities
Ohworode Of Olomu Confers Iyete Title On NUJ Warri Chairman Akpokona Omafuaire
Delta Puts $100m To Derisk Investors, Showcases Burutu Port, Glass Factory Projects
Nigeria Was The Only One Cut Out – FFK Blasts South Africa After Presenting Credentials To Ramaphosa
Tinubu Condemns Political Violence, Orders Security Agencies to Arrest Perpetrators
US Family Makes Guinness Record As Five Generations Share Same Birthday
Court Rejects Emefiele’s Objection, Admits Supreme Court Judgment
