Feb. 5, 2023
Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested the General Overseer of Faith On The Rock Ministry International, Apostle Theophilus Oloche Ebonyi.
Ebonyi was arrested for defrauding church members and other Nigerians 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) by using fake grants from the Ford Foundation.
His victims comprised 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 (Twenty Billion United State Dollars) to assist the less-privileged in the society.
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.
Ebonyi is still reportedly reaching his subscribers on some social media platforms to market his spurious grant from Ford Foundation.
He would be charged to court as soon as investigations are concluded.
