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EFCC recovers N1.23tn, $684m, secures 10,872 convictions – Olukoyede

The Economic and Financial Crimes Commission recovered N1.23tn, $684.47m and other foreign currencies in proceeds of crime and secured 10,872 convictions in the first 34 months of Ola Olukoyede’s tenure as chairman. Olukoyede disclosed this on Monday while presenting his three-year stewardship report at the EFCC headquarters in Abuja. He said the commission received 49,673 Read More:…

EFCC recovers N1.23tn, $684m, secures 10,872 convictions – Olukoyede

The Economic and Financial Crimes Commission (EFCC) has recovered N1.23tn, $684.47m and other foreign currencies in proceeds of crime, and secured 10,872 convictions during the first 34 months of Ola Olukoyede's tenure as chairman. In his three-year stewardship report, Olukoyede highlighted that the commission received 49,673 petitions, investigated 39,615 cases, and filed 14,476 cases in court, leading to a 75.1% conviction-to-filing ratio.

The EFCC chairman emphasized the focus on investigation, evidence gathering, and courtroom outcomes, with the goal of translating the anti-corruption mandate into tangible economic value for Nigerians.

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