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Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that nether his leadership, the Commission has made unprecedented advancement successful the combat against economical and fiscal crimes successful the past 2 years by recovering implicit N566 cardinal alongside different overseas currencies and assets.
He made this disclosure successful Abuja connected Thursday, October 23, 2025, portion addressing journalists astatine the firm office of the Commission arsenic portion of activities marking his 2nd day successful office.
Olukoyede, who was appointed connected October 18, 2023, and confirmed by the Senate the pursuing day, said the play has witnessed important reforms and record-breaking achievements crossed each operational fronts of the Commission.
The EFCC’s boss, who spoke done the Director of Public Affairs of the Commission, Commander of the EFCC, CE Wilson Uwujaren, said betwixt October 2023 and September 2025, the Commission received implicit 19,000 petitions, conducted 29,240 investigations, filed 10,525 cases successful court, and secured 7,503 convictions.
He disclosed that wrong the aforesaid period, the Commission recovered ₦566,319,820,343.40, $411,566,192.32, £71,306.25, €182,877.10, and different overseas currencies from proceeds of fiscal and economical crimes.
Olukoyede besides announced the betterment of 1,502 non-monetary assets, comprising 402 properties successful 2023, 975 successful 2024, and 125 truthful acold successful 2025.
Among these recovered assets were 2 notable landmarks: the last forfeiture of 753 units of duplexes successful Lokogoma, Abuja, and the forfeiture of Nok University, present the Federal University of Applied Sciences, Kachia, Kaduna State.
The EFCC president described the recoveries arsenic tangible grounds of the Commission’s renewed thrust to trace, confiscate, and instrumentality illicit assets to the Nigerian authorities and victims of fraud.
He listed respective high-profile cases prosecuted wrong the period, including those involving erstwhile governors Willie Obiano, Abdulfatah Ahmed, Darius Ishaku, Theodore Orji, and Yahaya Bello. Others are erstwhile ministers Olu Agunloye, Mamman Saleh, Hadi Sirika, Charles Ugwu, and erstwhile Central Bank Governor, Godwin Emefiele.
He further disclosed that the Commission successful December 2024 arrested 792 suspects progressive successful concern and cryptocurrency fraud successful Lagos, among whom were 192 foreigners who were prosecuted and deported.
“This improvement sent a beardown connection that Nigeria volition not let its territory to beryllium turned into a harmless haven for cybercriminals,” Olukoyede stated.
He added that the Commission besides revisited and revived respective longstanding corruption cases, including those involving Fred Ajudua, erstwhile PDP nationalist president Haliru Bello Mohammed, erstwhile National Security Adviser (NSA) Sambo Dasuki, and erstwhile Nigerian Social Insurance Trust Fund (NSITF) boss Ngozi Olojeme.
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