Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that the commission investigated Streams of Joy International head pastor, Jerry Eze, for six months over suspected money laundering.
According to him, the probe was triggered by intelligence reports after the commission noticed massive foreign currency inflows into the pastor’s domiciliary account.
“We work by intelligence, we work by petitions. At some point, I saw there was an account, a domiciliary account. Dollars, pounds were dropping in like raindrops — from Colombia, from America, from Sri Lanka, even from Togo.
I said, ‘Who is this man?’ I had been hearing his name and seen his face a couple of times, but I never really paid attention. Then they said, ‘This is a pastor from Streams of Joy, go and investigate him.’ So we went into it and combed through the books,” he said.
Olukoyede said the cleric was later invited for questioning after preliminary findings were compiled by investigators.
However, after reviewing all the details and hearing directly from him, the commission found no wrongdoing and instead commended him.
“So he came to my office and explained what he does, how the money comes in, and how he has been helping people. I told him, ‘I didn’t call you here to explain. We have already done our work. I called you here to commend you,’” he added.
The EFCC boss added that while Pastor Jerry Eze was cleared, the commission will continue monitoring financial activities and warned that some religious leaders have been involved in fraud.
Watch the video below….
“I investigated this man (Pastor Jerry Eze) for six months for money laundering and we found nothing”
~ Ola Olukoyede, EFCC Executive Chairman commends pastor Jerry Eze pic.twitter.com/VU2TwJH6eS
— Nigeria Stories (@NigeriaStories) April 29, 2026