The Economic and Financial Crimes Commission, EFCC has disclosed that it recovered N70 billion within 100 days, between October 2023 and January 19, 2024.
The recovery details were outlined in an EFCC document titled ‘Operations and Recoveries.’
During this period, the EFCC received 3,325 petitions, accepting 2,657.
The anti-graft commission secured the convictions of 747 individuals for financial crimes, spanning offences from money laundering to internet fraud.
A breakdown of the recovery data revealed that the EFCC headquarters recovered N49.6 billion, $3.9 million, £2,000, and £110.
Other commands and zones, including Maiduguri, Gombe, Kano, Makurdi, Enugu, Uyo, Port Harcourt, Sokoto, Kaduna, Ilorin, Abuja, Ibadan, Lagos, and Benin, contributed significantly to the overall recovery.
The EFCC Chairman, Ola Olukoyede, disclosed that most of the 747 convictions were related to cybercrime offences.
The EFCC Chairman made the revelation during a dialogue in Abuja where he assured Nigerians of the commission’s commitment to addressing financial crimes and corruption in the country
A Federal High Court has revoked the bail earlier granted to former Attorney-General of the…
Forensic specialists have recovered 105 bodies from mass graves in Yelwata, marking a significant development…
The Supreme Council for Sharia in Nigeria (SCSN) has firmly dismissed reported calls by some…
Ahmadu Umaru Fintiri, the Governor of Adamawa State, has officially left the Peoples Democratic Party…
Tragedy struck in Ogun State after a worker attached to the state’s planning authority was…
President Bola Tinubu hosted a select group of senators for an Iftar dinner at the…