*Acting Chairman of the EFCC, Mr. Ibrahim Magu
In what appeared like a five-year scorecard, the Economic and Financial Crimes Commission says it has a harvest of recoveries from proceeds of fraud from across different businesses and different personalities.
The agency said they have impounded items such as private jets belonging to some powerful and influential Nigerians implicated in the looting of public funds. This was disclosed in Abuja by the Acting Chairman of the EFCC, Mr. Ibrahim Magu, a commissioner of police.
Within the last five years according to the Chairman, the EFCC has seized many proceeds of crimes including estates, ships, petrol stations, schools, hotels, shopping malls and jewelries and will soon exposed the suspects behind the looting by charging them to court.
Magu who spoke at a media briefing on Thursday to mark this year’s Democracy Day in Abuja said: “As you all know in your regular reporting, the EFCC is not only ahead, it is clearly so. We are on course in all the cases we are prosecuting. Our scorecard in the area of conviction is 2,240 in the last five years.
“We have recovered assets in excess of N980billion and quite a large array of non-monetary assets like properties, estates, private jets, oil vessels, filling stations, schools; hotels; trucks and other automobiles; jewelries ; plazas, shopping malls, electronics, among others,” he stated, adding that the agency will not be deterred in its commitment to rid Nigeria of corrupt elements.
