The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, disclosed that the agency recovered N1.23tn, $684.48m, £373,905.78, and €9.34m between October 1, 2023, and June 30, 2026. He made the disclosure on Monday in Abuja while addressing media executives, identifying asset recovery as a major pillar of the commission's stewardship. The recoveries comprised proceeds and assets traced to financial crimes, with a significant portion recovered on behalf of government ministries. N397.26bn, approximately 33% of the total naira recovery, was recovered directly for the Federal Government.
Don't miss out on breaking stories and in-depth articles.