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Miebi and Beatrice Bribena

11.06.2022 Featured EFCC Declares Christ Embassy Pastor, Wife Wanted Over N2bn Investment Fraud

Published 11th Jun, 2022

By Tola Owoyele

Miebi Bribena, the founder of Baraza Multipurpose Cooperative Society, and Beatrice, his wife, have been declared wanted by the Economic and Financial Crimes Commission (EFCC) for money laundering and defrauding over 40,000 investors of N2 billion naira.

In a tweet on Thursday, the commission accused the CEO and his wife of conspiracy and obtaining money under false pretence.

READ ALSO: 40,000 Investors Lose Billions to Cooperative Society Owned by Christ Embassy’s Pastor Miebi Bribena

“Wanted by the EFCC: Onyimiebi Bribena and Beatrice Bribena. Anyone with information about their whereabouts should contact any of our zonal commands, or report to the nearest police station,” the tweet reads.

In September 2021, FIJ reported how Bribena, who was once a PDP chieftain and pastor at Christ Embassy Church, robbed investors of billions of naira in a scheme that promised a 25 percent Return on Investment (ROI) every month.

READ ALSO: After Defrauding Investors of Close to N40bn Through Wales Kingdom Capital Company, Adewale Jayeoba Disappears

Trouble started when Bribena failed to pay the promised ROIs earlier that year, prompting the investors, including persons living with disabilities, to storm the company’s headquarters in Yenagoa, Bayelsa State, demanding for their capitals.

Bribena would later appeal to the investors that he was trading with their money on forex platforms and they would be paid soon. He however failed to pay them as promised.

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Published 11th Jun, 2022

By Tola Owoyele

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