The Economic and Financial Crimes Commission (EFCC), Benin Zonal Directorate, has arrested Archbishop Angel Oyeghe, founder of Faith Healing Ministry in Warri, Delta State, over allegations bordering on conspiracy, naira abuse, and suspected money laundering.
According to the Commission, Oyeghe’s arrest was prompted by a viral video in which individuals, reportedly acting under her direction, were seen spraying naira notes on a live cow during a church event. The EFCC maintains that the act violates Section 21 of the Central Bank of Nigeria Act, 2007, which prohibits the mutilation and improper handling of Nigerian currency.
EFCC’S STATEMENT ON THE CASE
The Commission confirmed the arrest in an official release, describing the Archbishop as “self-acclaimed” and stating that she has provided initial statements to investigators.
The EFCC further indicated that more suspects linked to the incident are currently being traced, noting that the spraying of currency—regardless of context—remains an offence under Nigerian law.
The statement reads in part:
The arrest followed the viral circulation of the video involving naira spraying during a church programme.
Several participants are still being sought by investigators.
Archbishop Oyeghe will be charged to court once the ongoing investigation is concluded.
LEGAL CONTEXT
Section 21 of the CBN Act criminalizes actions that deface, tamper with, or mishandle the naira. Enforcement agencies have renewed efforts to curb the public spraying of currency, especially at social and religious gatherings.
The matter has already sparked discussion among legal analysts about the balance between cultural practices and strict financial regulations.
WHAT COMES NEXT
The EFCC noted that formal charges will be filed once evidence-gathering is complete. Analysts expect the case to test the extent to which religious organizations are held liable for activities conducted under their supervision.
