In what can be regarded as concerted efforts against corruption, the Economic and Financial Crimes Commission (EFCC), in continuation of the review of its operational activities for 2021, has disclosed that it recovered the aggregate sum of N152billion $386million, £1.18million, €156,246.76 Euro, 1,723,310.00 Saudi Riyal, 1,900.00 South African Rand, and 1, 400.00 Canadian Dollar between January and December, 2021.
The EFCC’s Head of Media and Publicity, Mr Wilson Uwujaren, also disclosed that the recovery basket included a digital currency component with 5, 36957319 Bitcoin and 0.09012 Ethereum.
It is instructive to note that Headquarters Operation 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.
Speaking on the uniqueness of the commission’s performance, the Executive Chairman of the EFCC, Mr Abdulrasheed Bawa, explained that the recovered monies included direct and indirect recoveries for the different tiers of government (Federal, State and Local Governments), corporate organizations and individuals (victims of crime) within the year under review.
The EFCC boss also commended the officers and men of the Commission for the remarkable performance.
Bawa also urged them to redouble their efforts to ensure that perpetrators of economic and financial crimes are denied the benefit of the proceeds of crime.
See attached infographics of the recoveries.
