“We secured over 3,000 convictions, recovered N248bn and $105m in one year” – EFCC reveals

The Economic and Financial Crimes Commission (EFCC) has announced its accomplishments over the past year, including the recovery of over N248 billion, $105 million, and the successful prosecution of 3,455 cases.

EFCC Chairman Ola Olukoyede, represented by Wilson Uwujaren, the commission’s director of public affairs, shared these updates in Abuja on Thursday during a press conference marking Olukoyede’s one-year tenure.

Olukoyede detailed that from October 18, 2023, to October 18, 2024, the commission recovered N248.75 billion; $105.42 million; £53,133; €172,547; and other foreign currencies, including ¥74,859 Chinese Yuan and CFA 7,821,375 West African Francs.

Notably, the EFCC also facilitated an international asset recovery process. On September 6, the agency returned $180,300 and 53 vehicles to the Royal Canadian Mounted Police (RCMP). These assets were seized from Nigerian fraudsters who targeted Canadian citizens. According to Olukoyede, a portion of these funds, totaling $164,000, belonged to a victim identified as Elena Bogomas, while $16,300 was attributed to Sandra Butler.

Olukoyede also highlighted ongoing high-profile cases, revealing that four former governors — Yahaya Bello, Abdulfatah Ahmed, Willie Obiano, and Darius Ishaku — have been charged in court with corruption allegations. Additionally, two former ministers of power, Saleh Mamman and Olu Agunloye, are currently facing prosecution.

Former Aviation Minister Hadi Sirika is also standing trial on multiple counts. He faces separate trials involving alleged N5.8 billion and N2.8 billion fraud charges alongside family members and associated companies, including Engines Nigeria Limited, Samahah Integrated Investment Limited, Fatima Sirika, Jalal Hamma, and Al Buraq Global Investment Limited.

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