Categories: 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.

Advertisement

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.

Advertisement

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.

Advertisement

Makurdi Command recovered N53,228, 325. Enugu Command recovered N202,117,000 and $1,950.

Uyo Command recovered N25,299,950 and $710.

Advertisement

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.

Advertisement

Kaduna Command recovered N331,494,710.81, $912, £50, and €1,610.

the Ilorin Command recovered N80,280,580.86 and $880.

Advertisement

the Abuja Zonal Command recovered N825,928,463 and $10,000.

The Ibadan Zonal Command recovered N135,519,810, $14517, £280, and €500.

Advertisement

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.

Advertisement

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.

Advertisement
citynews

Recent Posts

Trump picks Scott Bessent, the ‘investor favorite,’ for Treasury secretary

President-elect Donald Trump announced Friday evening that investor Scott Bessent will be his nominee for…

13 minutes ago

Wike, G5 Governors Out To Destroy PDP – Rep Member Ugochinyere

A member of the House of Representatives from Ideato North and South Federal Constituency of…

21 minutes ago

Why Nigerians are in pain, difficulties amid Tinubu’s reforms – Edun

Minister of Finance, Wale Edun, has said that non-implementation of economic reforms by past administrations…

26 minutes ago

Naira Depreciates To ₦‎1,750/$ In Parallel Market

The Naira on Friday depreciated to N1,750 per dollar in the parallel market from N1,745…

29 minutes ago

Why Seyi Tinubu Can’t Be Lagos Governor- Igbokwe

A member of the All Progressives Congress (APC), Joe Igbokwe, has said Seyi Tinubu, son…

18 hours ago

Simon Ekpa Not Our Member, Should Not Be Associated With Us- IPOB

IPOB PRESS RELEASE 22/11/2024 SIMON EKPA IS NOT AN IPOB MEMBER AND MUST NOT BE…

21 hours ago