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 Global Peace Movement International, has praised EFCC Chairman Ola Olukoyede for transforming the Commission's approach to combating economic and financial crimes. Uyi lauded the Federal Government's decision to channel liquid funds recovered by the EFCC to the Nigerian Education Loan Fund (NELFUND), which he sees as an investment in Nigeria's future.
He emphasized that the recovered assets should not only be used for prosecutions and convictions but should also produce measurable benefits for society by building human capital and expanding opportunities for young Nigerians. Uyi highlighted the significant increase in the Commission's activities, including the number of petitions received, investigations conducted, cases filed, and convictions secured, as well as the recovery of N566.3 billion in assets and 1,502 non-monetary assets.
He cited the successful legal battle over assets linked to former Central Bank of Nigeria Governor, Godwin Emefiele, and the recent forfeiture of properties linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, as major milestones in the EFCC's anti-corruption drive under Olukoyede's leadership.
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