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

ASUU Bauchi Zone Threatens Fresh Strike Over Unresolved Demands

By Israel Adamu, JosThe Academic Staff Union of Universities...

TCN Commends NSCDC for Arresting Three Suspected Vandals at Osogbo Transmission Substation

By Jabiru HassanThe Transmission Company of Nigeria (TCN) has...

Salem University Lokoja to Graduate 168 Students at 7th Convocation Ceremony

By Noah Ocheni, LokojaSalem University, Lokoja, is set to...

The Battle We Never Declared

By Mary EwaBirds are meant to fly, to perch,...

Chinese Envoy Visits National Defence College, Seeks Deeper Security Ties With Nigeria

Efforts to broaden defence collaboration between China and Nigeria...

NNAMDI KANU IS GOOD RIDDANCE TO BAD RUBBISH

By Charles Nnaebuka, PhDNnamdi Kanu’s conviction and sentencing to...

Wike Slams Turaki- Led PDD Faction, Says Nigeria’s Democracy Not Under Threat

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nysome Wike...

Chinese Envoy Visits National Defence College, Seeks Deeper Security Ties With Nigeria

Efforts to broaden defence collaboration between China and Nigeria...

Nestoil: Group accuses Lagos CP of compromise as Court writes for enforcement of Order

Nigerian Equity and Justice Movement has accused the Lagos...

Manchester United Linked to Borussia Dortmund’s Karim Adeyemi

Manchester United have reportedly opened discussions regarding Borussia Dortmund...

CAF Awards: Super Falcons clinch ‘Women’s National Team of the Year’

Nigeria’s Super Falcons have been crowned the CAF Women’s...

Related Articles

Popular Categories

spot_imgspot_img