Acting Chairman of the Economic and Financial Crimes Commission
(EFCC), Ibrahim Magu, has disclosed that they have recovered over
N17billion in the last four months.
Ibrahim Magu stated this, while speaking at the 2017 Association of National
Accountants of Nigeria (ANAN) Week/Award Day on Saturday at the FCT
Archive Building, Abuja.
The Acting EFCC chairman said the anti-graft agency recovered N521,815,000.00, $53,272 747.00, £122,890.00, and €547,730.00.
Magu also revealed that the commission recorded 62 convictions in the first quarter of the year.
“Apart from several other recoveries running into several billions of
naira, the recent whistleblower policy has led to the recovery by EFCC
of N521,815,000.00, $53,272 747.00, £122,890.00, and €547,730.00,” he
said.