Categories: CrimesNews

EFCC arrests fake journalist for claiming to stop $4.5bn PTF fraud probe

The Economic and Financial Crimes Commission (EFCC) has arrested a fake journalist, Ernesto Chukwudum Chukwukamma, for alleged extortion, impersonation, and obtaining N2,000,000 under false pretence to influence the investigation of alleged $4,500,000,000 Petroleum Trust Fund (PTF) fraud.

The EFCC spokesman, Dele Oyewale, disclosed this via a statement on Tuesday, June 3, 2025.

Oyewale said Chukwukamma, 63, was arrested for allegedly threatening the life of a petitioner and receiving financial inducement from him to stop the investigation of the alleged $4.5 billion fraud.

He stated that the suspect allegedly presented himself to the petitioner as a journalist attached to the EFCC.

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Oyewale said the suspect also informed the petitioner that other journalists who are members of a Correspondence Chapel attached to the commission had a report of how he stole $4.5 billion in the process of winding up the activities of the PTF.

The EFCC spokesperson stated: “Investigation revealed that the suspect had already received the sum of N2,000,000 from the petitioner and was arrested while attempting to withdraw the funds.

“He will be charged to court upon conclusion of investigation.”

The Star

Segun Ojo

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