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:…
The Economic and Financial Crimes Commission (EFCC) under the tenure of Ola Olukoyede has made significant strides in combating corruption in Nigeria. In the first 34 months of his leadership, the commission recovered N1.23tn ($684.47m) and secured 10,872 convictions. The EFCC received 49,673 petitions, investigated 39,615 cases, and filed 14,476 cases in court, resulting in a 75.1% conviction-to-filing ratio.
The chairman emphasized that the focus of the commission's efforts is on ensuring that its anti-corruption mandate translates into tangible economic value for Nigerians, thereby strengthening the rule of law, improving transactional credibility, enhancing Nigeria's image, and attracting foreign direct investment.
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