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HomeNewsEFCC Secures 747 Convictions, Recovers N70 Billion In 100 Days

EFCC Secures 747 Convictions, Recovers N70 Billion In 100 Days

The Economic and Financial Crimes Commission EFCC has announced that it recovered a total of N70bn within 100 days, between October 2023 and January 19, 2024.

An EFCC document outlined details of the recovery in a document titled, ‘Operations and Recoveries’.

According to the document, between October 2023 and January 19, 2024, the agency 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.

The EFCC within the same period, 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 breakdown indicated 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. Kano Command recovered N141,944,451 and $365.

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

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

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.

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

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

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

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

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.

The agency within the same period, also secured the conviction of 747 for offences ranging from money laundering to cybercrimes.

The Chairman of the EFCC, Ola Okukoyede, at a dialogue in Abuja, said most of the 747 convictions secured by the commission, involved persons who were prosecuted for cybercrime offences.

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