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Apparently court seize Pastor Theophilus’ Hotel, School, Event Center, Other Assets, as EFCC linked him to a N1.3bn “Grant” Sc@m
Theophilus Ebonyi, General Overseer of Faith On The Rock Ministry International.
Justice M.O. Olajuwon ruled that the assets, located in communities bordering the FCT, Abuja, be handed over to the federal government.
The forfeited assets include a 23 room hotel and event centre in Nyanya Gwandara, a warehouse and sachet water factory in Karu, two office buildings, a primary school, and over N1 million found in a bank account.
According to the EFCC, Ebonyi was arrested in 2023 over an alleged N1.3 billion fra¥d scheme. Investigations revealed he used Theobarth Global Foundation to promote a fake $20 billion grant, falsely linked to the Ford Foundation.
Victims, including individuals and organisations, were reportedly lured into paying N1.8 million each for registration and participation, under the guise of benefiting from the non existent grant.