EFCC retrieves N70 billion in 100 days [Full Details]

The Economic and Financial Crimes Commission (EFCC) has announced the recovery of a substantial sum totaling N70 billion over the span of 100 days, from October 2023 to January 19, 2024.

This significant achievement was detailed in an EFCC report titled “Operations and Recoveries,” which outlined the specifics of the recovery effort. During the mentioned period, the EFCC successfully retrieved N60,969,047,634.25 along with $10,522,778.57, £150,002.10, and €4,119.90, culminating in a total recovery of N70,556,658,370.5 by the anti-corruption agency

Within the same period, the Commission said it received a total of 3,325 petitions, accepted 2,657 of them and secured the convictions of 747 persons for financial crimes, ranging from money laundering to internet fraud.

A breakdown of 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. 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.

Abuja Zonal Command recovered N825,928,463 and $10,000, while Ibadan Zonal Command recovered N135,519,810, $14517, £280, and €500.

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.