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UK Freezes Over 100 MFM Bank Accounts Over Mismanagement Scandal

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Charity Commission Intervenes After Financial Misconduct, Governance Failures Across UK Branches
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(DDM) — The Charity Commission for England and Wales has frozen more than 100 bank accounts linked to Mountain of Fire and Miracles Ministries International (MFM International) over serious financial misconduct and governance failures.

Diaspora Digital Media (DDM) gathered that the regulator cited “deep-rooted governance failures,” weak financial controls, and misuse of church funds across MFM’s UK operations, which expanded from a handful of branches to over 90 locations without proper oversight or centralized management.

The Commission report revealed that individual branches operated independently, opening bank accounts, purchasing properties, taking loans, and making significant financial decisions without trustee approval, creating substantial risks to charitable assets and exposing the organization to potential legal liabilities.

Investigators found that Dr. Daniel Olukoya, MFM’s General Overseer, exercised excessive control under the charity’s 2004 constitution, enabling him to appoint and remove trustees at will.

This power imbalance undermined independent governance and accountability, leaving trustees largely unable to oversee financial and operational decisions effectively.

Some trustees were simultaneously paid employees of the church, further breaching charity regulations and creating conflicts of interest.

The Commission noted that these practices persisted until the charity amended its constitution in July 2024, restricting the General Overseer’s influence.

The inquiry traced MFM’s financial mismanagement to its rapid growth, which outpaced governance improvements.

Between 2018 and 2021, more than 100 branch accounts were opened without consent from central trustees.

In one case, funds were discovered idle in a branch account without clear purpose, prompting a freezing order in February 2022.

To stabilize operations, the Commission appointed Dr. Adam Stephens of Evelyn Partners LLP as Interim Manager in 2019.

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Resistance from trustees led to a reappointment in 2021, with the Interim Manager operating for over five years at a cost exceeding £1 million plus VAT.

While the First-Tier Tribunal (Charity) recognized misconduct, it required the Interim Manager to work alongside trustees rather than excluding them entirely.

MFM also repeatedly failed to submit annual accounts and reports on time, with filings for 2015, 2016, and 2017 each delayed by more than 150 days, demonstrating systemic administrative lapses.

The charity’s 2023 accounts indicated an income of £2.71 million and expenditure of £2.19 million, with roughly 50 active branches managed by local pastors across the UK.

The Commission emphasized that the lack of centralized financial oversight had endangered charitable funds and undermined donor confidence.

The Commission’s report warned that trustees must ensure that charity funds are used exclusively for charitable purposes, and failure to maintain transparency could constitute criminal conduct.

It stressed that the freeze and appointment of an Interim Manager were crucial to prevent further loss, enforce accountability, and restore proper governance.

The regulator noted that MFM’s UK issues had broader implications for faith-based organizations, serving as a cautionary tale on the risks of unchecked growth and the importance of governance systems keeping pace with expansion.

Officials confirmed that corrective measures are ongoing, including centralized oversight of all branch accounts, financial audits, mandatory training for trustees, and improved reporting mechanisms to ensure compliance with charity laws.

The Commission highlighted that the intervention also aimed to protect donors’ contributions, reinforce public trust, and ensure that charitable operations comply with both UK law and internationally accepted governance standards.

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The action against MFM International signals heightened regulatory scrutiny for religious organizations and underscores the Commission’s commitment to upholding transparency, integrity, and accountability in all charitable operations across the UK.

 

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BREAKING: 7 killed as militants calling for Kanu’s release bomb security checkpoint

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BREAKING NEWS
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At least seven people have been killed following an explosion that struck a security checkpoint manned by Cameroon Gendarmes near residential quarters used by staff of an oil company in the Bakassi Peninsula.

Eyewitnesses report that the attackers arrived in a small fishing boat, moved close to the checkpoint and threw explosive devices before jumping into the water.

Two speedboats later appeared and reportedly picked up the attackers.

Authorities have not yet identified the group responsible, but there are strong indications that the group behind the attack could be affiliated to the Indigenous People Of Biafra (IPOB).

Meanwhile, violence has continued to rock the Bakassi region, especially in clashes involving separatist fighters and security forces from both Nigeria and Cameroon, raising concerns about worsening instability in the area.

This latest incident also comes days after the Operational Coordinator of the Biafra Nations League (BnL) issued a statement calling on the Nigerian government to release Nnamdi Kanu on the 20th, a key date in his court proceedings.

Observers warn that tensions may rise further if the situation is not carefully managed.

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UK Moves to Impose Visa Bans on African Countries

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The United Kingdom has threatened to impose visa bans on citizens of Angola, Namibia, and the Democratic Republic of Congo unless all three nations agree to accept the return of irregular migrants living in Britain.

The warning came on Monday as Home Secretary Shabana Mahmood prepared to unveil what officials describe as the most sweeping overhaul of the UK asylum system in decades.

According to the UK Home Office, Britain may stop issuing visas to nationals from the three countries due to what it calls their “unacceptably low levels of cooperation” in taking back migrants deemed to be illegally residing in the UK.

The move mirrors past hardline actions such as the Trump-era travel bans, signalling a tougher stance by the Labour government as it faces mounting political pressure over rising migration numbers.

Britain has witnessed a sharp increase in asylum seekers crossing the Channel from France in small boats. Mahmood’s reforms are widely seen as part of a broader effort to counter public frustration and halt the growing popularity of the far-right Reform UK party, which has surged ahead of Labour in several recent polls.

The Home Office added that more countries could face similar penalties. Proposed measures include an “emergency brake” that could temporarily suspend visas for nations with high asylum claim rates, even when their citizens enter the UK legally.

While asylum applications have risen, official data shows a decline in initial approvals issued between 2023 and 2024.

Meanwhile, the UK has continued to issue large numbers of visas through humanitarian pathways, particularly for people fleeing conflicts or crises in Ukraine, Afghanistan, and Hong Kong.

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The new policy proposals also draw inspiration from Denmark’s restrictive asylum model. Some of the key changes would:

  • abolish automatic benefits for asylum seekers
  • significantly reduce protections for refugees
  • shorten refugee status from five years to 30 months
  • require refugees to undergo regular status reviews
  • compel refugees to return home once their countries are deemed safe
  • extend the waiting period for permanent residency from five years to 20 years

The plan has already generated strong criticism from humanitarian organisations, as well as several Labour MPs, who warn the reforms could place vulnerable people at increased risk.

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China Issues Travel Warning on Japan as Taiwan Dispute Boils Over

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Japan PM Vs China's President.
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China has advised its citizens to avoid travelling to Japan and has summoned Tokyo’s ambassador in Beijing following remarks by Japanese Prime Minister Sanae Takaichi on the security implications of a potential Chinese attack on Taiwan.

The latest diplomatic clash erupted after Takaichi told a parliamentary committee that any use of force around Taiwan involving “battleships and the use of force” could amount to a “survival-threatening situation” for Japan.

Under Japan’s 2015 security legislation, such a designation would allow the Self-Defence Forces to support allies under attack.

Beijing condemned the comments as “egregious,” intensifying tensions already strained by sensitive regional security issues.

The row escalated further after China’s Consul General in Osaka, Xue Jian, wrote online that “the dirty head that sticks itself in must be cut off.” Japan’s Chief Cabinet Secretary Minoru Kihara described the statement as “highly inappropriate.”

Both countries lodged formal protests over each other’s remarks.

Prime Minister Takaichi has refused to withdraw her statement, saying it aligns with Japan’s long-standing security position, though she added she would be “careful” when discussing hypothetical scenarios in the future.

China’s Foreign Ministry accused Japan of “playing with fire” and warned that any intervention in the Taiwan Strait would be considered an “act of aggression.”

Chinese Vice Foreign Minister Sun Weidong summoned Japan’s ambassador on Thursday, calling Takaichi’s comments “extremely wrong and dangerous” and demanding that Tokyo retract them or “bear all consequences.”

Japan, however, maintains that it seeks a peaceful, diplomatic resolution to issues concerning Taiwan.

At a briefing, Kihara urged Beijing to act responsibly regarding Xue’s controversial remarks and reiterated Tokyo’s commitment to peaceful dialogue.

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Late Friday, China’s embassy in Tokyo issued a travel advisory urging Chinese nationals to avoid Japan “in the near future,” citing what it described as “blatantly provocative remarks regarding Taiwan.”

The dispute touches on long-standing historical grievances dating back to the 19th century and the Second World War, which continue to shape China-Japan relations. China’s Foreign Ministry warned that Japan would “inevitably suffer heavy losses and pay a bitter price” if it interferes militarily in the Taiwan question.

Takaichi, a protégé of former Prime Minister Shinzo Abe, is known for her hawkish views on China and her strong support for closer cooperation with the United States. She has faced repeated accusations from Beijing of supporting Taiwanese independence, especially after meeting a senior Taiwanese official during the recent APEC summit in South Korea.

China considers Taiwan part of its territory and has not ruled out the use of force to achieve unification. Japan, like the United States, maintains strategic ambiguity regarding how it might respond to a Chinese invasion, balancing deterrence with its significant economic ties to Beijing.

Past remarks by Japanese officials on Taiwan have triggered similar friction. In 2021, when then–Deputy Prime Minister Taro Aso said Japan would join the U.S. in defending Taiwan, China demanded he “correct his mistakes.”

In the most recent escalation, China again accused Japan of “gross interference” in its internal affairs.

Foreign Ministry spokesperson Lin Jian reaffirmed Beijing’s position that “Taiwan is China’s Taiwan” and warned that China would not tolerate foreign interference or threats to its “core interests.”

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