In his first 100 days in office, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has recovered over N60.9 billion worth of corruption proceeds from suspects across the country....For More CONTINUE THE FULL READING▶▶
The recoveries were in stolen assets and they were achieved between October, 2023 and January 19, 2024.
According to a “100 Days in Office” publication made available to Economic Confidential, “in the period under review, 747 convictions were secured across the 14 Zonal Commands of the Commission.
“Notably, the Lagos Zonal Command took the lead with 218 convictions, closely followed by the Ibadan Zonal Command with 121.
“Also, within the period, N60.9 billion, $10.5 million, E150,002.10 and 4,119.90 were recovered,” the publication revealed.
Similarly, the anti graft agency is currently investigating high profile individual cases under the Ministry of Humanitarian Affairs and Poverty Alleviation, which involves: Sadiya Umar-Farouq, for contract and procurement fraud (N37 billion), Halima Shehu, (N44.8 billion), Betta Edu, (N17 billion), as well as former CBN governor, Godwin Emefiele, (N1.9 billion and $ 6.2 million), among others.
