EFCC recovers N17b in 4 months - Magu

Acting Chairman Ibrahim Magu
EFCC Acting Chairman Ibrahim Magu |
The Economic and Financial Crimes Commission (EFCC) have recovered over N17 billion in the last four months.

According to the commission's acting chairman Ibrahim Magu, who revealed this at the 2017 Association of National Accountants of Nigeria (ANAN) Week/Award Day on Saturday at the FCT Archive Building, Abuja, said the agency recovered N521,815,000.00, $53,272 747.00, £122,890.00, and €547,730.00.
 
He further revealed that the EFCC 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.

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