EFCC recovers N108bn, secures 23 convictions in North-west

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According to reports, the Kano zonal office of the Economic and Financial Crimes Commission (EFCC) has said that it had recovered over N108 billion from various cases it handled over the period of 10 months.

EFCC

Showcasing the Commission’s progress at a press conference in Kano yesterday, EFCC’s Zonal Head of Operations, Mr. Nnaghe Obono Itam, stated that within the period under review, the Commission recorded 214 cases, 24 of which are undergoing prosecution.

According to him, the zonal office has secured 23convictions and recovered the sum of N54,535,651,183.74 and $622,200.00 from corrupt individuals it investigated.

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According to him, the Kano office was also directed by its acting Chairman, Mr. Ibrahim Magu, to look into a complaint about diversion and fraudulent schemes involving the distribution of petroleum products during the last crisis in the country adding that monies recovered belonged to the Federal Government, Corporations and individuals.

Itam said investigation into the cyclical, bridging and retail schemes yielded a refund of over N54,393,196,143.00 to government by credit marketers who collected products sold them but refused to remit the monies.

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Other items he said were recovered by the Commission from fraudsters and politically exposed persons included; eight houses, nine plots of land, three trucks and a car.

He further revealed that the Commission was under no external pressure from highly placed individuals as it was executing its assignment without any interference, stressing that the Commission was enjoying the goodwill of the Buhari administration in executing the anti-graft fight

Itam also said the EFCC was working towards prevention of corruption by partnering with youth organisations such as the NYSC Integrity Clubs and taking the campaign to schools through essay competitions.

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