Since the Economic and Financial Crimes Commission, EFCC came into existence in 2003, a total of 11 billion dollars has been recovered.
The EFCC has disclosed, through the head of media and publicity, Mr. Wilson Uwujaren that the commission has been able to recover a cumulative sum of N11billion since its establishment in 2003.
Speaking at the news briefing of the Forum of Spokespersons of Security and Response Agencies (FOSSRA) organized in Abuja on Wednesday, November 4, 2014, Uwujaren said that the commission has handled many cases involving advanced fee fraud, money laundering, contract scam, internet fraud as it has also recorded over 100 convictions.
Uwujaren said: “As most of you are aware, the commission has the statutory responsibility for the investigation of all economic and financial crime. In the last eleven years we have been in operation, we have handled thousands of cases in these areas and I want to report that we have recorded over 100 convictions as a result of our investigations. In terms of assets recovery, we have recovered assets of well over $11bn in 11 years and I think that is a record.”
Uwujaren added that the EFCC had also created a new unit known as Combined Inter Agency Task Force (CIATf) section which shall be responsible for analysis and interpreting the potentials of international law and fashion out an enforcement partnership for the benefit of the commission and the nation at large.
He commended that the EFCC’s cordiality with international law enforcement organizations and development as its efficiency and intelligence in investigative inquiry has boost the level of confidence that is built on the commission.
EFCC Spokesman hinted that the commission had not dropped the case against the impeached Governor of Adamawa State, Murtala Nyako as he assured that investigation is still ongoing and reports shall be released as soon as the commission seem it due.
