The UK government has closed down a London-based church group, Salvation Proclaimer Ministries Limited (SPAC Nation) owned by flamboyant Nigerian Pastor Tobi Adegboyega.
This happened due to the failure of its owner to properly account for more than £1.87m, and lack of transparency in its operations.
The church which began operation in 2012 had been shut down on the order of a High Court on 9 June 2022.
Judge Burton, government agency The Insolvency Service however announced this on Friday, June 17.
Further findings revealed that SPAC Nation failed to comply or only partially complied with statuary requirements, such as providing data to support claimed donations and accounting records in support of £1.87 million of expenditure.
A director of the church, Adedapo Olugbenga Adegboyega, reportedly claimed that the church group had over 2,000 members and 200 ordained ministers and pastors without evidence.
Chief investigator for the Insolvency Service, Edna Okhiria, said, “While SPAC Nation claimed it had noble intentions to support vulnerable and young people, our inquiries uncovered a different side of the charity.
“There were clear concerns around how the church group managed its affairs and SPAC Nation failed to properly account for income received from donations and other expenditures.
“The court recognized the severity of SPAC Nation’s actions and this sends a strong message that proper records and accounts must be maintained, even if you’re a charity.”