EFCC Recover 1,900 Convictions, Restore N794bn


The Acting Chairman of the Economic and Financial Commission (EFCC), Ibrahim Magu, says the commission has to this point recover 1,900 convictions and restore N794 billion in four years.

Mr. Magu disclosed this in Abuja on Monday at the 2019 International Anti-Corruption Day with the theme: “Zero Tolerance for Corruption”.

“Our record in this regard speaks volumes; for the four years that I actually have been in-charge of the commission, we’ve secured about 1,900 convictions, as well as high government officials.

Former governors captains of industry, oil subsidy merchants and many players within the non-public sector. Former military chiefs and civil servants have also been guilty yet as several illegal oil bunkers within the Niger Delta.

“On recoveries, there’s no enforcement agency in Africa that has equaled the outstanding recoveries that the EFCC has created.

“In the four years below my watch, we’ve recovered quite N794 billion and have ensured many properties confiscate to the govt,” he said.

He added that within the Port Harcourt Zone of the EFCC, a complete of 244 trucks was confiscate to the govt thanks to illegal oil bunkering activities within the region.

“As a commission, we are not unrelenting in our determination to fully eradicate corruption from the Federal Republic of Nigeria through our fight against corruption.

“Those who doubt our resolve must sooner come to terms with the actual fact that the EFCC could be a runner and once it involves the fight against corruption, we never give up.

“This was recently demonstrated last week when, after 12 years of legal hide and seek that took the United States to the Supreme Court and back, the long convoluted trial of former Abia State governor, Orji Uzor Kalu complete.

Alleged cash laundering: I delivered $140,000 to an unknown person at Obasanjo Library – EFCC witness

“This trial was delivered to closure together with his conviction and sentencing to 12 years imprisonment without a choice of fine for stealing over seven billion naira’s from the treasury of Abia regime.

“This brings to 3, the number of former state governors that were guilty of corruption inside one year on my watch, he said.

Mr. Magu said the commission would come in partnership with various sectors within the fight against corruption as everyone needed to be concerned within the fight to achieve a sustainable result.

“We have chosen to partner with various sectors because we want to go into not only fighting corruption alone however choose terribly ill-famed sectors and partner with them.

“Let the North American nation come in sectoral approach within the fight against corruption. We are going to go together with the health sector 1st because there are a lot of issues in the hospitals with the doctors. This approach might change the narrative.”

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