On Tuesday, October 21, 2025, the United Kingdom’s Charity Commission froze the assets of the church, Mountain of Fire and Miracles (MFM) Ministries International, founded by Dr Daniel Kolawole Olukoya , over financial transparency concerns. The commission released a report revealing serious mismanagement in the finances of the UK branch of the Nigerian church. Following the report, over 100 bank accounts linked to MFM UK were frozen to protect funds and force reforms. RELATED: The oldest church in Nigeria is in Abeokuta Here are five key facts about what led to this dramatic action: 1) Over 100 Bank Accounts Were Operated by Individual Branches, With No Central Control Each branch of MFM UK had its own bank account. The Charity Commission found that trustees could not demonstrate that they had adequate oversight or control over these multiple bank accounts. This system of little or no accountability allowed the local branches to make decisions independently, sometimes to t...
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