HomeBusinessN1.233tn recovered, 10,872 convictions secured in 34 months — EFCC

N1.233tn recovered, 10,872 convictions secured in 34 months — EFCC

The Economic and Financial Crimes Commission says it recovered N1.233tn between October 1, 2023, and July 31, 2026, under the chairmanship of Ola Olukoyede.

The commission disclosed this in a video posted on its official X account on Thursday, highlighting its activities over the 34-month period.

“₦1.233 trillion in recoveries in just 34 months. This is the legacy of EFCC Chairman Ola Olukoyede,” the commission said.

According to the EFCC, it received 49,673 petitions during the period, describing petitions as “the entry point for EFCC action.”

“From these, 39,615 cases were investigated. 14,476 cases were filed in court. And those investigations led to 10,872 convictions,” it said.

The commission said the figures represented its efforts in tackling various forms of financial crimes.

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“But what do these numbers represent?” the EFCC asked.

“They represent the fight against financial crimes—from advance fee fraud, cybercrime, money laundering, bank fraud,

This post was originally published on this site.

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