Home Metro EFCC nabs fake journalist: Suspect arrested for claiming to stop investigations of alleged $4.5bn PTF fraud
Metro - June 3, 2025

EFCC nabs fake journalist: Suspect arrested for claiming to stop investigations of alleged $4.5bn PTF fraud

Stanley Ihedigbo

Economic and Financial Crimes Commission (EFCC), has arrested a fake Journalist, Ernesto Chukwudum Chukwukamma for alleged extortion, impersonation and obtaining N2m under false pretence to influence the investigation of the sum of $4,5bn alleged Petroleum Trust Fund, PTF, Fraud.

According to the Head, Media and Publicity, Mr Dele Oyewale, Chukwukamma, 63, was arrested for allegedly threatening the life of a petitioner and receiving financial inducement from him to stop the investigation of $4,5bn 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 Correspondence Chapel attached to the Commission had a report of how he stole the sum of $4,5bn 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,m from the petitioner and was arrested while attempting to withdraw the funds.

He will be charged to court upon the conclusion of the investigation.

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