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EFCC Nabs Fake  Journalist Claiming to Stop Probe of Alleged $4.5bn PTF Fraud

The Radarr by The Radarr
June 3, 2025
in Uncategorized
Reading Time: 1 min read
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EFCC Traces CBEX Funds to Four Countries – Ndokwa (Vanguard)
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EFCC Nabs Fake  Journalist Claiming to Stop Probe of Alleged $4.5bn PTF Fraud

The Economic and Financial Crimes Commission, EFCC, has arrested a fake Journalist, Ernesto Chukwudum Chukwukamma for alleged extortion, impersonation and obtaining N2,000,000.00 ( Two Million Naira) . The money was obtained under the false pretence to influence the investigation of the sum of $4,500,000,000.00 (Four Billion, Five Hundred Million United States Dollars)alleged  Petroleum Trust Fund, PTF, Fraud.

Chukwukamma, 63,  was arrested for allegedly threatening the life of a petitioner and receiving financial inducement  from him to stop the investigation of $4,500,000,000.00 alleged  Petroleum Trust Fund, PTF, Fraud.

The suspect allegedly presented himself to the petitioner as a journalist attached to the EFCC.  He also allegedly informed the petitioner  that other journalists who are members of a Correspondents Chapel attached to the Commission had a report of how he stole the sum of $4,500,000,000.00) in the process of winding up the activities of the Petroleum Trust Fund.

Investigation revealed that the suspect had already received the sum of N2,000,000.00(Two Million Naira) from the petitioner and was arrested while attempting to withdraw the funds.

He will be charged to court upon conclusion of investigation.

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