EFCC secures 2,240 convictions, recovers N980bn assests in 5 years

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By Gbadamosi Oladimeji

The Economic and Financial Crimes Commission (EFCC) secured 2,240 convictions and recovered assets worth N980billion in five years, Acting Chairman, Ibrahim Magu has said.

Mr Magu disclosed this on Thursday, June 11, at a press briefing to mark the Democracy and Anti-Corruption Day in Abuja.

According to him, “As you all know in your regular reporting, the EFCC is not only ahead, but we are on course in all the cases we are prosecuting, and our scorecard in the area of conviction is 2,240 in the last five years.”

Magu explained, “We have recovered assets in excess of N980billion and quite a large array of non-monetary assets like properties, estates, private jets, oil vessels, filling stations, schools, hotels, trucks and other automobiles, jewelleries, plazas, shopping malls, electronics, among others.”

He added that the EFCC takes both enforcement and prevention strategies very seriously and his enforcement is not about tough talks, but about tough actions.

“It is not about rhetoric; it is about professionalism. It is not about seminars; it is about criminals and how to bring them to book. The EFCC is making impressive progress in digitalized and non-digitalized investigations,” he said.

“All our cases are being pursued with vigour and alacrity. This is why we have results across all our zones”, Magu noted.

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