The United Kingdom’s Charity Commission has frozen the assets of Mountain of Fire and Miracles (MFM) Ministries International, citing major failures in financial oversight and transparency.
The regulatory body took action after an inquiry revealed significant concerns, including the alleged misappropriation of charity funds. The investigation found that the church’s trustees failed to maintain proper control over its complex financial structure.
According to the commission, the charity’s rapid expansion to over 90 branches in the UK was not matched by necessary governance improvements. This led to a situation where individual branches operated autonomously, opening more than 100 bank accounts without central oversight and often failing to report their income promptly.
“The lack of oversight by trustees led to financial losses for MFM,” the commission stated, noting that branches were making major financial decisions—such as property purchases and lease agreements—without the knowledge or authorization of the central trustees.
To prevent further loss, the Commission has frozen the charity’s assets. A spokesperson for MFM, Dan Aibangbe, did not immediately respond to a request for comment.
This is not the first regulatory action against the church in the UK. In 2019, the Charity Commission appointed an interim manager for MFM due to similar concerns over late financial filings and administrative failures that allowed significant losses to occur. The commission has taken parallel action against other Nigerian-founded churches, such as Christ Embassy, owned by Pastor Chris Oyakhilome.