![]() Speculation about Adelaja’s involvement with King’s Capital grew after reports surfaced that he was part of a bank in Nigeria known as GS Microfinance Bank Limited. ![]() Police later arrested one of King’s Capital leaders, Aleksandr Bandurchenko, on suspicion of fraud. ![]() The company drew many of its investors from the church, also known as God’s Embassy, promising as much as 60 percent returns on investments.īut last month, several church members went to authorities saying they were unable to recover the money they invested, which left many of them bankrupt. Ukraine’s most prominent charismatic pastor, Sunday Adelaja, is at the center of controversy over his alleged involvement in a business venture that some claim bilked investors out of $100 million.Īdelaja, pastor of Embassy of the Blessed Kingdom of God for All Nations in Kiev, was accused in November of being involved in the dealings of King’s Capital, a financial group led by a member of his congregation.
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