The Economic and Financial Crimes Commission (EFCC) says it recovered N1.233 trillion and secured 10,872 convictions between October 1, 2023 and July 31, 2026.<\/p>\n
The commission disclosed the figures in a video posted on its official X account on Thursday, highlighting its activities during the 34-month period under the leadership of its Chairman, Ola Olukoyede.
\nAccording to the EFCC, it received 49,673 petitions during the period, describing petitions as the \u201centry point\u201d for its investigations.<\/p>\n
The commission said it investigated 39,615 cases and filed 14,476 cases before the courts, resulting in 10,872 convictions. \u201c\u20a61.233 trillion in recoveries in just 34 months. This is the legacy of EFCC Chairman Ola Olukoyede,\u201d the commission said.<\/p>\n
The EFCC said the figures reflected its efforts to tackle various forms of financial crimes, including advance fee fraud, cybercrime, money laundering, bank fraud and economic governance fraud.<\/p>\n
It explained that the recovery figure represented the outcome of investigations that traced financial transactions and uncovered funds linked to suspected financial crimes.<\/p>\n
\u201cAnd behind every number is a case investigated, a financial trail uncovered, and public resources recovered to keep pushing the fight against economic and financial crimes forward,\u201d the commission said.<\/p>\n
The commission added that its activities during the period formed part of its broader mandate to combat economic and financial crimes and strengthen enforcement.<\/p>\n
\u201cThe work continues,\u201d the EFCC said.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Economic and Financial Crimes Commission (EFCC) says it recovered N1.233 trillion and secured 10,872 convictions between October 1, 2023 and July 31, 2026. The commission disclosed the figures in a video posted on its official X account on Thursday, highlighting its activities during the 34-month period under the leadership of its Chairman, Ola Olukoyede. […]<\/p>\n","protected":false},"author":14,"featured_media":48695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[5],"tags":[],"class_list":["post-92620","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t