Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission, has revealed that the agency carried out a six-month probe into Jerry Eze, founder of Streams of Joy International, over suspected money laundering before ultimately finding no evidence of wrongdoing.

He made this known on Wednesday in Abuja during the Jerry Eze Foundation Business Grant Award Ceremony, which the cleric attended.

Olukoyede explained that the investigation was initiated after intelligence reports and formal complaints drew attention to unusually high volumes of foreign currency transactions flowing into the pastor’s domiciliary account from multiple countries.

According to him, the pattern and scale of the inflows raised suspicions within the commission, prompting a detailed forensic review of the financial records linked to the church and its founder.

He noted that investigators were assigned to thoroughly examine the accounts, and although Pastor Eze was later invited for questioning, the agency had already concluded its internal assessment before the meeting.

Olukoyede said the pastor provided insight into his activities and the sources of the funds, including charitable efforts, but clarified that the invitation was not for interrogation, as the commission had already verified the transactions and found no infractions.

While confirming that the cleric had been cleared, the EFCC boss emphasised that the agency would continue to monitor financial activities where necessary as part of its anti-corruption mandate.

He also cautioned religious leaders against engaging in financial misconduct, stressing that the commission has previously investigated and secured convictions against clerics involved in fraud, and insisting that religious institutions must uphold transparency and accountability.