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

CSO Alleges Fraud, Irregular Appointment in Public Service Institute of Nigeria

As part of its oversight responsibility, Empowerment for Unemployed...

PDP Suspends Adamu Bako Ninga in Nasarawa Over Alleged Misconduct

The Nasarawa State chapter of the Peoples Democratic Party...

APC Youth Group in North-East Endorses Nentawe Yilwatda for Second Term as Chairman

The APC North-East Youth Vanguard has endorsed the re-election...

Power Drop in Plateau, Bauchi, Benue, Gombe Linked to Reduced Grid Allocation — JED

Jos Electricity Distribution Plc (JED Plc) says the recent...

A’ibom targets 369 solar-powered schemes as AHDC calls for reforms

By Ogenyi Ogenyi,UyoAkwa Ibom government has concluded arrangements to...

Groups Endorse Tinubu’s Re-election, Back Ishola for Ogun Governorship

No fewer than 11 socio-political groups have declared support...

EFCC Evicts Malami from Abuja Residence Amid Ongoing Court Dispute

Former Attorney-General of the Federation, Abubakar Malami, has accused...

Related Articles

Popular Categories

spot_imgspot_img