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.

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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