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EFCC recovers N152 billion, $386 million , others in 2021

Vital News by Vital News
January 11, 2022
in National
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Abuja – The Economic and Financial Crimes Commission (EFCC) said it recovered N152,088,698,751.64; $386,220,202.84; £1,182,519.75; €156,246.76; 1,723,310.00 Saudi Riyal; 1,900.00 South African Rand and 1,400.00 Canadian Dollar between January and December 2021.

Spokesperson of the commission, Wilson Uwujaren, in a statement in Abuja on Monday, January 10 said, the recovery also included a digital currency component with 5,36957319 Bitcoin and 0.09012 Ethereum.

He said the operations by the headquarters dominated the recoveries with N67,249,744,994.89, $375,662,223.59 and £1,151,539.75.

“It is closely followed by the Lagos Command which led the Naira recoveries with N70,315,611,260.52, $9,286,497.83 and £21,500.00.

” The Kaduna Zonal Command emerged third in terms of Naira recoveries with a total sum of N3,339,405,723.93 while the Ibadan Zonal Command took the same position in terms of Dollar recoveries to the tune of $387,385.00.”

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The statement quoted the Executive Chairman of the Commission, Abdulrasheed Bawa as explaining that the monies include direct and indirect recoveries from the federal, state and local governments and corporate organizations and individuals (victims of crime) within the year under review.

He commended the personnel of the Commission for the performance while urging them to redouble their efforts to ensure that perpetrators of economic and financial crimes are denied the benefit of the proceeds of crime. (vitalnews)

Tags: EFCCFraudproceedsrecover
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