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

EFCC Memo Alleges $5m Telecoms Fraud Involving Afreximbank, FCMB and Others

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission...

APC Leaders Urge Unity, Grassroots Mobilisation at South-South Summit in Asaba

Governors Hope Uzodimma of Imo State and Sheriff Oborevwori...

Plateau Youth Activist Pius Hoomen Sends Eid-el-Fitr Greetings, Urges Unity

Plateau-based youth activist and philanthropist Pius Hoomen has extended...

2027: Police warn against planned 2milliion-man rally in A’ibom

By Ogenyi Ogenyi, UyoThe Akwa Ibom State Police Command...

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

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

NAFDAC, NHIA to Improve Access to Quality Healthcare Services for Nigerians

By Joyce Remi- BabayejuIn a renewed drive to strengthen...

Tinubu Urges Traditional Rulers to Strengthen Security, Unity at Falae Book Launch

By Wilfred FrancisPresident Bola Ahmed Tinubu has called...

EFCC Chairman Backs UNODC Programme Targeting Corruption, Illicit Financial Flows

By Wilfred FrancisChairman of the Economic and Financial...

NCDMB Applauds ESSO’s $23m Shorebase Project at LADOL

The Nigerian Content Development and Monitoring Board (NCDMB) has...

Malami, Kwankwaso Condole El-Rufai Over Mother’s Death

Former Attorney-General of the Federation, Abubakar Malami, and ex-Kano...

Calls Grow for Isaac Danladi to Contest Nasarawa West Senate Seat

Residents and stakeholders in Nasarawa West Senatorial District have...

Pope Leo XIV Warns Against Growing Inequality During Monaco Visit

Pope Leo XIV has criticised the widening gap between...

Related Articles

Popular Categories

spot_imgspot_img