The Economic and Financial Crimes Commission, EFCC, says it recovered the aggregate sum of N152, 088,698,751.64, $386,220,202.84 , £1, 182,519.75 , €156,246.76, 1,723,310.00 Saudi Riyal, 1,900.00 South African Rand, and 1, 400.00 Canadian Dollar between January and December 2021.
The recovery also included a digital currency component with 5, 36957319 Bitcoin and 0.09012 Ethereum,a statement from the commission’s head,media and publicity,Wilson Uwujaren,said
The statement also said headquarters operation dominated the recoveries with N67, 249, 744, 994.89, $375,662,223.59 and £1,151,539.75 and was followed by the Lagos Command which led the Naira recoveries with N70, 315,611,260.52, $9,286,497.83 and £21,500.00.
According to the statement,the Kaduna Zonal Command emerged third in terms of Naira recoveries with a total sum of N3, 339,405,723.93 while the Ibadan Zonal Command took the same position in terms of Dollar recoveries to the tune of $387,385.00.
Executive chairman of the Commission, Abdulrasheed Bawa, explained that the monies included direct and indirect recoveries for the different tiers of government (Federal, State and Local Governments), corporate organizations and individuals (victims of crime) within the year under review.
He lauded the personnel of the Commission for the performance and urged them to redouble their efforts to ensure that perpetrators of economic and financial crimes are denied the benefit of the proceeds of crime.
979100cookie-checkEFCC Announces Recovery Of N152Bn, $386m In 2021
