EFCC secures 2,240 convictions, recovers N980b assets in 5 years – Magu

Written by on June 11, 2020

The Acting Chairman of the Economic and Financial Crimes Commission( EFCC), Mr. Ibrahim Magu said the agency has secured 2,240 convictions and recovered assets worth N980billion in five years.

Magu made the disclosure at a briefing to mark the Democracy and Anti-Corruption Day in Abuja.

He said: “As you all know in your regular reporting, the EFCC is not only ahead, it is clearly so. We are on course in all the cases we are prosecuting. Our scorecard in the area of conviction is 2,240 in the last five years.

 We have recovered assets in excess of N980billion and quite a large array of non-monetary assets like properties, estates, private jets, oil vessels, filling stations, schools; hotels; trucks and other automobiles; jewelleries ; plazas, shopping malls, electronics, among others.”

He said EFCC” takes both enforcement and prevention strategies very seriously. Our enforcement is not about tough talks, it is about tough actions.

“It is not about rhetoric, it is about professionalism. It is not about seminars, it is about criminals and how to bring them to book. The EFCC is making impressive progress in digitalized and non-digitalized investigations.

“All our cases are being pursued with vigour and alacrity. This is why we have results across all our zones.”


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