How EFCC secured 10,872 convictions and recovered N1.23 trillion in 34 months, Olukoyede
Translated from English and summarized by DistantNews. Read the original for the full story.
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- Nigeria’s Economic and Financial Crimes Commission said it secured 10,872 convictions and recovered N1.23 trillion in 34 months.
- EFCC Chairman Ola Olukoyede said the agency also recovered foreign currencies, forfeited 10,053 assets and recovered 102 tonnes of solid minerals.
- The commission said it would pursue faster restitution and stronger prevention efforts while continuing its fight against cybercrime and graft.
Nigeria’s Economic and Financial Crimes Commission said it secured 10,872 convictions and recovered N1.23 trillion during a 34-month period, according to EFCC Chairman Ola Olukoyede.
The agency reported recovering $684.48 million, £373,906 and €9.34 million. It also said it released N661.3 billion and $492.4 million to beneficiaries, forfeited 10,053 assets and recovered 102 tonnes of solid minerals.
Olukoyede said the EFCC is battling cybercrime while graft offenses have risen 24.1%. He said the agency’s work was not finished and promised faster restitution and deeper prevention efforts.
About this summary
Originally published by Vanguard in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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