Crimes

EFCC recovers N70.5bn, secures 747 convictions in three months

The Economic and Financial Crimes Commission (EFCC) has made huge recovery since the coming of its new chairman, Ola Olukoyede.

Between October 2023 and January 19, 2024, the anti-graft agency has recovered a total sum of N70,556,658,370.5.

The anti-graft commission also secured 747 convictions.

The currency breakdown of the recoveries shows that the EFCC recovered N60,969,047,634.25, $10,522,778.57, £150,002.10 and €4,119.90.

The details of the recoveries were contained in a document titled ‘Operations and Recoveries’ prepared by the EFCC.

The EFCC headquarters in Abuja made the highest recovery with the bulk coming from the probe of the Ministry of Humanitarian Affairs and its agency, National Social Investment Programme (NSIP).

The headquarters recovered N49,607,391,330.44, $3,900,200.75, £2,000, and £110 within the period under review.

The Lagos Zonal Command recovered N6,826,993,798.78, $868,284.61, £147,672.10, and €1,899.90, while the Maiduguri Zonal Command recovered N58,065,870 and $3,370.

EFCC intercepts N7bn from religious body laundering money for terrorists

In the document, Port Harcourt Command recovered N2,412,247,210.05 and $5,714,389.21 while the Abuja Zonal Command made recovery of N825,928,463 and $10,000; while Ibadan Zonal Command recovered N135,519,810, $14517, £280, and €500.

The Kano Command recovered N141,944,451 and $365; Kaduna Command, N331,494,710.81, $912, £50, and €1,610; Ilorin Command, N80,280,580.86 and $880.

The Sokoto Command recovered N100,696,118.72; Benin Zonal Command recovered N49,515,987.09 and $5,700 while the Gombe Command recovered N127,323,028.50 and $1,500.

The Makurdi Command recovered N53,228, 325; Enugu Command, N202,117,000; and $1,950; Uyo Command, N25,299,950 and $710.

The document also revealed that in the last three months, the anti-graft commission has secured 747 convictions. Over 60 per cent of the convictions were cybercrime cases.

It added that it accepted 2,657 out of the 3,325 petitions submitted to the agency.

The Star

Editor

Recent Posts

Zenith Bank, Int’l Breweries, NNPC, Others Shine at 2024 SERAS Awards

It was a night of glitz, glamour and celebration at the 18th edition of the…

50 mins ago

Tinubu felicitates Christians on Christmas, says Nigeria on path of restoration

President Bola Tinubu has felicitated Christians on Christmas celebration in the country, saying the nation…

50 mins ago

Uba Sani inaugurates 10 road projects on Xmas Eve

Governor Uba Sani has inaugurated 10 asphaltic roads  within Kaduna metropolis on Tuesday, ten months…

2 hours ago

Court sends oil magnate to prison for diverting $26m refinery fund

A Federal High Court sitting in Abuja has remanded the Founder and Chairman of Platform…

2 hours ago

Minister’s aide to MURIC: Wike not running FCTA based on religion

Lere Olayinka, Senior Special Assistant on Public Communications and New Media to the Federal Capital…

3 hours ago

NIWA warns Nigerians: Avoid rickety boats,  drunk operators

...Oyebamiji advocates Passage Of Coast Guards Bill The National Inland Waterways Authority (NIWA) has again…

4 hours ago

This website uses cookies.