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.
Ebonyi is still reportedly reaching his subscribers on some social media platforms to market his spurious grant from Ford Foundation.
