BREAKING: EFCC Recovers N248bn, $105m, 753 Duplexes, Others (FULL LIST)

EFCC has recovered N248bn, $105m, and 753 Duplexes.

 

NewsOnline Nigeria reports that the Office of the National Security Adviser, ONSA, said, yesterday, that the Economic and Financial Crimes Commission, EFCC, has reclaimed over N248 billion, $105 million, and 753 duplexes in its asset recovery efforts.

 

Director of Legal, ONSA, Mr Zakari Mijinyawa at the Strategic Communications Inter-Agency Policy Committee Meeting stated that the EFCC also recorded an impressive 3,455 convictions as at October 2024.

 

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Zakari disclosed that a joint military and other security agencies operation coordinated by the NSA resulted in the rescue of 36 abducted farmers on December 8, 2024, adding that the operation also included vigilantes.

 

In the fight against oil theft aimed at boosting the nation’s revenue base, Zakari said: “The military prevented oil theft valued at over N57.05 billion. The EFCC achieved unprecedented milestones in 2024, reinforcing its commitment to combating corruption and financial crimes in Nigeria.

 

“Notably, four former governors, three ex-ministers, and a former Central Bank governor are facing trial for money laundering and other financial crimes, reflecting the commission’s pursuit of justice and accountability.
“In asset recovery, the EFCC reclaimed over N248 billion, $105 million, and 753 duplexes, while recording an impressive 3,455 convictions as of October 2024.

 

“The EFCC implemented key reforms, including the creation of new departments like Fraud Risk Assessment and Control, FRAC, restructuring of zonal offices, and the launch of EFCC 97.3FM for public education.

 

“The commission also hosted a national cybercrime dialogue with stakeholders, including President Bola Tinubu in attendance.

 

“The commission also through its special task force against naira abuse achieved 35 convictions. Internationally, the EFCC strengthened partnerships with agencies like the FBI and Canadian Royal Mounted Police, recovering assets for foreign fraud victims, while Olukoyede’s regional leadership as President of NACIWA has advanced anti-corruption collaboration across West Africa.

 

“The Independent Corrupt Practices and Other Related Offences Commission, ICPC, achieved significant milestones in 2024.”

 

“Notably, the commission recovered N29.685 billion in cash, $966,900.83, and an additional N10.804 billion restrained or forfeited from MDAs.

 

“Through its Constituency and Executive Projects’ Tracking Initiative, CEPTI, 1,500 projects were tracked nationwide.

 

“The ICPC also processed 851 petitions, investigated 243 cases, filed 63 in court, and secured 13 convictions.
“Internationally, the ICPC participated in high-level anti-corruption events, culminating in Nigeria’s re-election to the GlobE Network Steering Committee, reflecting its commitment to promoting transparency, accountability, and combating corruption.

 

“The Armed Forces of Nigeria conducted successful operations across five key regions: North East, North West, North Central, South South, and South East, achieving notable result during the period under review.

 

“These include the neutralisation of 8,034 terrorists, the arrest of 11,623 suspects, and the rescue of 6,376 hostages.”