EFCC Recovers N70billion In Four Months

An ‘Operations and Recoveries’ document of the Economic and Financial Crimes Commission (EFCC) has revealed that a total of N70,556,658,370.5, was recovered in four months.

Between October 2023 and January 19, 2024, it detailed that 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.

The EFCC, within the 100 days, 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.

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 while Kano Command recovered N141,944,451 and $365.

N53,228, 325 was recovered by the Makurdi Command, Enugu Command recovered N202,117,000 and $1,950,Uyo Command recovered N25,299,950 and $710 while Port Harcourt Zonal Command recovered N2,412,247,210.05 and $5,714,389.21.

Kaduna Command recovered N331,494,710.81, $912, £50, and €1,610 while Sokoto Command recovered the sum of N100,696,118.72.

The Abuja Zonal Command recovered N825,928,463 and $10,000, while Ilorin Command recovered N80,280,580.86 and $880.

The document further indicated that the Ibadan Zonal Command recovered N135,519,810, $14517, £280, and €500, while 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.

Recall that the Chairman of the EFCC, Ola Okukoyede, at a dialogue in Abuja, revealed that most of the 747 convictions secured by the anti-graft agency, involved persons who were prosecuted for cybercrime offences.

The post EFCC Recovers N70billion In Four Months appeared first on Naijaloaded | Nigeria’s Most Visited Music & Entertainment Website.