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Thursday, 6 November 2014

EFCC recovers $11billion stolen funds in 11 years

Since the Economic and Financial Crimes Commission,  EFCC came into existence in 2003, a total of 11 billion dollars has been recovered. 

This was disclosed by the Head of Media and Publicity of the EFCC, Mr. Wilson Uwujaren yesterday. He also said that the commission handled many cases involving advanced fee fraud (419), money laundering, contract scam, internet fraud and has recorded over 100 convictions.
 
The EFCC Spokesman made the comment while speaking at the Forum of Spokespersons of Security and Response Agencies organised by the I-Nigeria Initiative led by Mrs. Ada Apiaffi, in Abuja yesterday, November 5th.

He said; 
“As most of you are aware, the commission has the statutory responsibility for the investigation of all economic and financial crime. In the last eleven years we have been in operation, we have handled thousands of cases in these areas and I want to report that we have recorded over 100 convictions  as a result of our investigations. In terms of assets recovery, we have recovered assets of well over $11bn in 11 years and I think that is a record.” 
Mr Uwujaren said the EFCC had also created a new unit known as Combined Inter Agency Task Force section which will be responsible for  harnessing the potentials of international law enforcement partnership for the benefit of the commission and the nation at large.

He stated that the EFCC’s relationship with international law enforcement organisations and development partners trust the commission’s activities and this has resulted in a boost.

The EFCC Spokesman mentioned that the commission had not dropped the case against the impeached Governor of Adamawa State, Murtala Nyako; that investigation is still ongoing.

47 comments:

  1. Where are all the monies?in ur bank accounts?

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    Replies
    1. Where are the monies? Still nothing to show for it. No common infrastructure! They recovered the monies from the pocket of old politicians into the pocket of new politicians. Simple!

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  2. Nice...good job. But all these money went where? And btw, do you know u could av achieved / recovered more if only you could summoned ur courage en gut to go after the bigger fish

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  3. Why re we human's like this?? Always trying to use our mouth to slate our broda's and sister's. Remember wat the 10 commandments taught us to do----Deuteronomy 5:17 Thou shalt not kill, Deuteronomy 5:20 Neither shalt thou bear false witness against thy neighbour.......Do u knw dt we can use our mouth in killing our neighbour's by too much criticism, which not every1 can stand that and can lead to some go as far as taking their own life.
    Pls I beg all of u in d name of our lord jesus christ,lets all try to be very mindful of the way we critisize through our comments on post that are been made here,it can kill and it can save life as well.
    Then Mr lib reader that uses the name #kingofkings#...Deuteronomy5:11 Thou shalt not take the name of the Lord thy God in vain: for the Lord will not hold him guiltless that taketh his name in vain.stop using that name.
    Please let's not all forget that the coming of our lord jesus christ is very near. Where would he find us when he comes???

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  4. The qustn here is where are those money now?????????? #vallala# asked!! Valentinechisom7@gmail.com

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  5. And no doubt most of those achievements were during the Nuhu Ribadu led EFCC,not this one that goes after pick-pockets.

    ~BONARIO~says so via NOKIA LUMIA

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  6. How much of that money was from corrupt government officials? Basically the bulk of it was from fraudulent activities.

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  7. Weldon to EFCC. But where all dos money con dey now?
    ⌣̊┈̥-̶̯͡»̶̥♡thanks ⌣̊┈̥-̶̯͡»̶̥ 

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  8. Okay next..........................#KingOfKings #6ixGod

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  9. No need cos they will still loot it again /share it among themselves

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  10. well done guys... buh more work still need to be done o, so no slacking, your rewards shall be in heaven

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  11. *yawns*. They also let go of fraud cases worth twice that amount.

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  12. picJC
    EFCC should account for the money they recovered.(it should be used to solve some problems in our country)

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  13. Where is the money??

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  14. I hear them, Good for them #onelovefromSnow#

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  15. Hoping to see the money get to the rightful owners.

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  16. Good.If they havent dropped the case against Nyako,why are they not hunting the light fingered old man?coz he's still at large.Choi that man dealt with my people big time

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  17. Abeg make we hear word story for the Gods

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  18. pls let them use the money to fight corruption, provide good infrastructure, good schools, help eradicate poverty...abeg oo

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  19. laundering, contract scam, internet fraud and has recorded over 100 convictions.
    See private photos of omolola margret an akure based socialite leaked by her sugar boy

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  20. So, na $1billion per year... OK!

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  21. So na $1billion per year?... OK

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  22. $11 billion in 11 years?this country is really corrupted...just imagine that big figure and the ones that r yet to be recover,a country can never move forward with such huge amount...kudos to them

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  23. It doesnt really make any difference, bc the money will definetly be stolen by another set of politicians

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  24. kudos to EFCC


    #GodblessNigeria

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  25. Job well done! but hey EFCC Hommies, there is still along way to Go! put in work please....

    If you've got my voodoo dull please help scratch my butt, I'm in public! Call me *** THAFINEXX ***

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  26. Lol $11 billion in 11 years dis peeps are funny...olubukola dabiels aka blackmamba...

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  27. Dx is 2015campaign moni,let's qo der.I remain #Immanuel..Youngkixx93@gmail.com

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  28. Its not about recovering looted money buh where and what happened to the said recovered money
    This ppl sabi use our head drink garri
    After recovering it,it looted again by another mofo
    Smh,9ja which na???






    ....SƖεεkz

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  29. story for gods where is money?

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    Replies
    1. If it has really recovered the said amount the cbn or finance minister will have the full details.

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  30. After recovering the money which area of the government did they invest it into?? Nonsense!!! *****QUEENMAYA*****

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  31. Commendable but It can't be compared to the ones stolen.

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  32. Work harder.

    Get your grove back

    7FD74D92

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  33. They should be accountable for the money.

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  34. Like we don't know they could have recovered many times more.

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  35. good job but where is the money

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  36. all this our money where una dey share due is God oo

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  37. So where are all the money recovered?

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  38. AND SO? THE ONES THAT WERE RECOVERED BEFORE TODAY NKO?

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  39. Where are all the monies recovered? Are they not all stolen? Vicious cycle and yeye country

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Disclaimer: Opinions expressed in comments are those of the comment writers alone and does not reflect or represent the views of Linda Ikeji.

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