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EFCC’s Boss Revelations

Mr. Ibrahim Magu, Acting Chairman of the Economic and Financial Crimes Commission (EFCC) made shocking revelations recently: “The EFCC recovered the sum of $9.72m and £750,000 from the home of a single individual. Another N1.5billion was also recovered.”

“In fact, about two weeks ago, we recovered N1.5bn from one individual in Kaduna State. The person is a public servant. One of our greatest challenges, of course, is that corruption is fighting back. The automation of our Information Communication Technology systems is ongoing and requires greater urgency as we engage in re-engineering our processes and procedures as well as training and retraining of our operatives and prosecutors.”

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“The length of time it takes the courts to conclude cases remains a source of concern. We also recovered assets worth N102.9bn; $8.296m; £29,155; 117,004 Canadian dollars; 806.50 dirhams; and 2,000 rupees in 2016. The commission secured 135 convictions.”