United Kingdom Charity Commission has halted Mountain of Fire Ministries’ assets, citing poor oversight and misuse of funds across its UK branches.
The UK Charity Commission has on Monday October 20, 2025, frozen over 100 bank accounts belonging to the Mountain of Fire and Miracles (MFM) Ministries International, citing serious concerns over financial management and transparency.
The action follows an official inquiry into the Nigeria-founded church, led by Dr. Daniel Olukoya, after regulators detected possible misuse of charitable funds and inadequate financial controls.
In a statement released on Monday October 20, 2025, the Commission said it found that MFM’s trustees had failed to provide sufficient oversight over dozens of accounts managed independently by local branches across the United Kingdom.
“Many of the charity’s financial issues stemmed from its complex structure, which had grown from a handful of branches to over 90 locations nationwide, without the corresponding governance improvements,” the report stated.
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Investigators discovered that individual branches were operating autonomously, opening and managing bank accounts, handling income, and entering property or lease agreements without the knowledge or authorization of central trustees.
The Commission said the absence of a coordinated financial framework had led to substantial risks to charitable assets and resulted in inaccurate or incomplete reporting
“As a result of its findings, the Commission took action to freeze the charity’s assets to prevent further loss,” the report noted, emphasizing that the measure was necessary to protect donor funds and ensure accountability.
Efforts to obtain comment from Dan Aibangbe, the official spokesperson for MFM, were unsuccessful as of press time.
This is not the first time MFM has come under regulatory scrutiny. In 2019, the Charity Commission appointed an interim manager to oversee the ministry’s UK operations after repeated late submissions of annual financial reports and irregularities in branch-level recordkeeping.
The Commission has previously taken similar steps against other faith-based organizations, including Christ Embassy, led by Pastor Chris Oyakhilome, following comparable governance and administrative lapses.
The latest freeze marks a significant escalation in the regulator’s oversight of international religious charities operating in the UK, underscoring a growing insistence on financial transparency and centralized control within large, multi-branch ministries.
