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EFCC Recovers N152Bn, $386m In 2021

The Economic and Financial Crimes Commission says it recovered the sum of N152, 088,698,751.64, (One Hundred and Fifty-two Billion, Eighty-eight Million, Six Hundred and Ninety-eight Thousand, Seven Hundred and Fifty-one Naira, Sixty-four Kobo) in 2021.

This was disclosed in a statement by the agency on Monday, saying the sum of $386, 220,202.84 (Three Hundred and Eighty-six Million, Two Hundred and Twenty Thousand, Two Hundred and Two Dollars, Eighty-four Cent) were recovered.

According to the statement an aggregated sum of £1, 182,519.75 (One Million, One Hundred and Eighty-two Thousand, Five Hundred and Nineteen Pounds, €156,246.76 (One Hundred and Fifty-six Thousand, Two Hundred and Forty-six Euro), 1,723,310.00 Saudi Riyal; 1,900.00 South African Rand; and 1, 400.00 Canadian Dollars, were also recovered between January and December 2021.

The EFCC said the recovery basket also included a digital currency component with 5, 36957319 bitcoin and 0.09012 Ethereum.

The anti-graft agency had earlier said it had recorded convictions of 2, 220 across the commands in the same year under review.

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