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EFCC Arrests Fake Journalist for Claiming To Stop Investigation of Alleged $4.5bn PTF Fraud


EFCC Arrests Fake Journalist for Claiming To Stop Investigation of Alleged $4.5bn PTF Fraud

 From Haruna Tula – Abuja

The Economic and Financial Crimes Commission, (EFCC), has arrested a fake Journalist, Ernesto Chukwudum Chukwukamma for an alleged extortion, impersonation and obtaining N2,000,000.00 ( Two Million Naira)  under 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 SUPREME learnt that, 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 $4,500,000,000.00) in the process of winding up the activities of the Petroleum Trust Fund.

Investigations 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 investigations

The EFCC spokesman Dele Oyewale confirmed the story yesterday 3/6/25:in a statement.



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