EFCC Arraigns Gospel Promoter Eezee Tee Over Money Laundering Charges
In a dramatic legal move, the Economic and Financial Crimes Commission (EFCC) has arraigned gospel music promoter Ezekiel Onyedikachukwu ThankGod, popularly known as Eezee Tee. He appeared before the Federal High Court in Ikoyi, Lagos, alongside his record label, Eezee Global Concepts Limited.
The charges center on serious allegations of foreign exchange malpractice and money laundering totaling $397,106. The EFCC brought the case before Justice Chukwujekwu Aneke, filing multiple counts against the popular gospel figure and his company.
According to prosecutors, one charge stems from a foreign exchange transaction of $52,895 conducted in June 2023. This transaction allegedly occurred without authorization from the Central Bank of Nigeria. Authorities argue this act violates sections 5 and 29(1)(c) of the Foreign Exchange Monitoring and Miscellaneous (Provisions) Act.
In addition, Eezee Tee is accused of failing to comply with key anti-money laundering regulations. Specifically, the EFCC claims his company received $137,383 into its account in 2024. However, the transaction was not declared to the Special Control Unit Against Money Laundering (SCUML). This omission is a breach of the Money Laundering (Prevention and Prohibition) Act of 2022.
The arraignment marks a turning point in Nigeria’s fight against financial crimes within the entertainment industry. The gospel community, known for its spiritual influence, is now facing scrutiny from financial watchdogs.
The case continues to unfold, with industry observers watching closely. It raises fresh concerns about regulatory compliance across Nigeria’s thriving music business.
For more posts like this, check here
