The Economic and Financial Crimes Commission (EFCC) has been busy investigating cases of corruption involving former governors, ministers, and public officials in Nigeria. So far, they have recovered a total sum of N27,184,357,524.52 and $19,084,419.33 from three different money laundering cases.
The EFCC’s Head of Media and Publicity, Dele Oyewale, shared this information on Wednesday. He also mentioned that the agency is working hard to recover even more illicit funds. In addition, several former governors, ministers, and public officials from all over the country are currently being investigated following the submission of various complaints and petitions.
The Economic and Financial Crimes Commission (EFCC) is an organization in Nigeria that is responsible for investigating and prosecuting financial crimes. Their main goal is to combat corruption and ensure that public funds are used for the benefit of the Nigerian people.
The EFCC has been successful in recovering a significant amount of money that was stolen through corrupt practices. In the three money laundering cases they have investigated, they were able to retrieve over N27 billion and $19 million.
The EFCC is currently focusing on investigating former governors, ministers, and public officials who have been accused of corruption. These individuals are being probed based on the complaints and petitions that have been submitted to the EFCC.
The EFCC is determined to recover as much stolen money as possible. They are actively working to uncover more cases of corruption and retrieve the illicit funds. By doing so, they hope to hold those responsible accountable for their actions and prevent further corruption in the future.