x

EFCC Initiates Investigation into Over 3,000 Financial Crimes, Recovers N60bn

Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has disclosed the agency’s plans to probe more than 3,000 financial crime cases. These cases are part of the over 5,000 petitions received by the EFCC from various groups and individuals.

Olukoyede made this announcement during the 20th-anniversary lecture of the Human and Environmental Development Agenda Resources Centre held in Lagos. He revealed that the EFCC, under his leadership, has recovered over N60 billion and $10 million within a span of fewer than four months.

Highlighting the pervasive nature of corruption in Nigeria, Olukoyede emphasized the need for collective responsibility to combat corruption and move the country forward. He reiterated his commitment to leveraging the anti-corruption drive to stimulate the Nigerian economy.

The EFCC chairman stressed the importance of professionalism and adherence to the rule of law in ensuring Nigeria’s economic growth. He underscored the need for an effective policing system with integrity and emphasized the importance of the judiciary in upholding accountability.

Chairman of HEDA, Mr. Olanrewaju Suraju, echoed the sentiment of collective responsibility in the fight against corruption, emphasizing the role of every Nigerian in contributing to the cause. He called for increased professionalism and integrity within government institutions and the judiciary to effectively tackle corruption and promote economic development.

The EFCC’s dedication to investigating financial crimes and recovering stolen funds underscores its commitment to fighting corruption and promoting transparency and accountability in Nigeria.

Hot this week

Kogi Reports Drop in Malaria Cases, Pledges Elimination Efforts

From Noah Ocheni, LokojaThe Kogi State Government says it...

Price of aviation fuel crippling our operations- Ibom Air

By Ogenyi Ogenyi,UyoThe management of Ibom Air has called...

Bandits kill 2, Abduct 7 in Southern Kaduna

By Achadu Gabriel, KadunaGunmen suspected to be bandits...

Police foil bomb explosion at Ikot Ekpene Prison, rescue 14 kidnapped students

By Ogenyi Ogenyi,UyoThe Police in Akwa Ibom has successfully...

Police foil bomb explosion at Ikot Ekpene Prison, rescue 14 kidnapped students

By Ogenyi Ogenyi,UyoThe Police in Akwa Ibom has successfully...

Monarch Raises Alarm Over Threat to Abducted Women, Children in Kwara Community

The traditional ruler of Woro community in Kaiama Local...

Nigeria Seeks Protection for Citizens After Two Killed in South Africa

The Federal Government has called for the protection of...

Top Players to Watch in Champions League Semi-Finals as Teams Battle for Final Spot

The UEFA Champions League semi-finals have highlighted tight tactical...

The Impact of the US–Israel–Iran Conflict on Nigeria

By Shemudara Blessing MorayoIn today’s interconnected world, conflicts...

Tinubu Charges New Envoys to Boost Investment, Reorders Foreign Policy Priorities

By Francis WilfredPresident Bola Tinubu has charged Nigeria’s...

Bayelsa Assembly Aspirant Calls for Rotational Equity in Yenagoa Constituency

An All Progressives Congress (APC) aspirant for the Bayelsa...

Related Articles

Popular Categories

spot_imgspot_img