News
EFCC Recovers N70 Billion In 100 Days
The EFCC has recovered a total of N70bn within 100 days, between October 2023 and January 19, 2024.
Details of the recovery outlined in an EFCC document titled, ‘Operations and Recoveries’.
The document revealed that between October 2023 and January 19, 2024, the EFCC recovered N60,969,047,634.25, $10,522,778.57, £150,002.10, €4,119.90, making a total of N70,556,658,370.5 recovered by the anti-graft commission within the period.
Within the same period, the EFCC received a total of 3,325 petitions, accepted 2,657 of the petitions, and secured the convictions of 747 persons for financial crime offences ranging from money laundering to internet fraud.
A breakdown of the data shows that the EFCC headquarters alone recovered N49,607,391,330.44, $3,900,200.75, £2000, and £110.
The Maiduguri Zonal Command recovered N58,065,870 and $3,370.
Gombe Command recovered N127,323,028.50 and $1,500. Kano Command recovered N141,944,451 and $365.
Makurdi Command recovered N53,228, 325. Enugu Command recovered N202,117,000 and $1,950.
Uyo Command recovered N25,299,950 and $710.
Port Harcourt Zonal Command recovered N2,412,247,210.05 and $5,714,389.21.
Sokoto Command recovered the sum of N100,696,118.72.
Kaduna Command recovered N331,494,710.81, $912, £50, and €1,610.
the Ilorin Command recovered N80,280,580.86 and $880.
the Abuja Zonal Command recovered N825,928,463 and $10,000.
The Ibadan Zonal Command recovered N135,519,810, $14517, £280, and €500.
the Lagos Zonal Command recovered N6,826,993,798.78, $868,284.61, £147,672.10, and €1899.90.
The EFCC, through its Benin Zonal Command, also recovered N49,515,987.09 and $5,700.
Meanwhile, within the same period, the EFCC secured the conviction of 747 for offences ranging from money laundering to cybercrimes.
However, the Chairman of the EFCC, Ola Okukoyede, at a dialogue in Abuja, revealed that most of the 747 convictions secured by the commission, involved persons who were prosecuted for cybercrime offences.
Olukoyede made this known during an EFCC event themed, ‘Dialogue on Youth, Religion, and the Fight against Corruption’, which was held at the Musa Yar’Adua Centre, Federal Capital Territory.
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