EFCC Recovers N409b, $69m From Looters

EFCC Recovers N409b, $69m From Looters

The sum of N409 billion has been recovered by the Economic and Financial Crimes Commission, EFCC from looters of public funds in the last eight months, the Acting Chairman of the commission Ibrahim Magu has said.


He said this during an interactive session with media executive on Wednesday, adding that between January and August 2017, another sum of $69 million was recovered.


According to him, the anti-graft agency also recovered 610,816.20 Euros; 118.69 Pounds; Dirham 443,400.00 and 70,500.00 Saudi Riyal from various looters.


“Over a month ago, the Commission recovered over N329billion from a group of oil marketers for the Nigerian National Petroleum Corporation,” he said.


Magu commended the media for doing a good job and cooperating with the EFCC to fight corruption in the country.


He said that that EFCC was not relenting at all and had also made tremendous progress in the area of prosecuting suspected corrupt people, despite efforts by many to delay justice.


He said that the commission could not win the war without the cooperation of members of the media as he urged the senior editors to continuing partnering with EFCC.


He urged the media to direct more attention to reporting corruption instead of the politics in it so that the country would be able to rid off the common enemy.


“But seriously speaking, instead of fighting ourselves, we should be united in fighting the common enemy, which is corruption,” he stressed.

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