EFCC Recoveries: Olukoyede Turning Proceeds of Crime into Investment in Nigeria’s Future, Says Uyi
Wale Igbintade The President of Global Peace Movement International, Dr Mike Uyi, has commended the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, for what he described
Dr Mike Uyi, President of the Global Peace Movement International, has praised EFCC Chairman Ola Olukoyede for his transformative impact on the commission's efforts against economic and financial crimes. Uyi highlighted the strategic decision to redirect liquid funds recovered by the EFCC to the Nigerian Education Loan Fund (NELFUND), emphasizing that this shows a commitment to investing in Nigeria's future and developing human capital.
According to Uyi, Olukoyede's leadership has shifted the anti-corruption focus from merely arrests, prosecutions, and convictions to producing tangible benefits for society through the productive deployment of seized assets and funds. Over the past two years, the EFCC under Olukoyede's guidance has handled over 19,000 petitions, conducted 29,240 investigations, filed 10,525 cases, and secured 7,503 convictions.
Additionally, the commission recovered N566.3 billion, along with various non-monetary assets, including properties and vehicles, which have been instrumental in reinforcing public confidence in the fight against corruption.
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