N1.233tn recovered, 10,872 convictions secured in 34 months — EFCC

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The Economic and Financial Crimes Commission says it recovered N1.233tn between October 1, 2023, and July 31, 2026, under the chairmanship of Ola Olukoyede.

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The commission disclosed this in a video posted on its official X account on Thursday, highlighting its activities over the 34-month period.

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“₦1.233 trillion in recoveries in just 34 months. This is the legacy of EFCC Chairman Ola Olukoyede,” the commission said.

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According to the EFCC, it received 49,673 petitions during the period, describing petitions as “the entry point for EFCC action.”

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“From these, 39,615 cases were investigated. 14,476 cases were filed in court. And those investigations led to 10,872 convictions,” it said.

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The commission said the figures represented its efforts in tackling various forms of financial crimes.

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“But what do these numbers represent?” the EFCC asked.

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“They represent the fight against financial crimes—from advance fee fraud, cybercrime, money laundering, bank fraud, and economic governance fraud,”
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The commission added that behind each figure was an investigation and the recovery of funds.

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“And behind every number is a case investigated, a financial trail uncovered, and public resources recovered to keep pushing the fight against economic and financial crimes forward,” it said.

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The EFCC concluded the video by saying, “The work continues.”

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