How we recovered N70bn within 100 days, EFCC

February 3, 2024

1 min readCategories: News

The Economic and Financial Crimes Commission, EFCC, says it has recovered a total of N70 billion within 100 days, between October 2023 and January 19, 2024.

Details of the recovery were outlined in an EFCC document titled, ‘Operations and Recoveries’.

The document revealed that between October 2023 and January 19, 2024, 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 recovered by the anti-graft commission within the period.

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.

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About the Author: Olumide Akinrinlola

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