Anti-Corruption: EFCC, ICPC secure 3,412 convictions, forfeiture of N366.9bn

Thu, Jun 6, 2024
By editor
2 MIN READ

Politics

THE Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices Commission (ICPC) secured 3,412 convictions, forfeiture of N366.97 billion through judicial process and recovered N161.6 billion within one year.

The Director Defence Media Operations, Maj.-Gen. Edward Buba, made this known during the joint briefing by Security, Defence and Response agencies organised by the Strategic Communications Interagency Policy Committee under the Office of the National Security Adviser (ONSA) on Thursday in Abuja.

Buba, while reading the text of the brief, said the anti-corruption agencies played a significant role in maintaining law and order through their anti-corruption initiatives.

He said that the money recovered by the agencies within the period included N161.6 billion, 43.8 million dollars, 25,365.00 pounds, 186,947.10 Euros, 51,360.00 Rupees, 3,750.00 Canadian Dollars, 740.00 U.S dollars, 74,754.00 Yen and 35,000.00 Rands.

Others according to him are 42,390.00 UAE Dirhams, 247.00 Riyals, and 21.5 million Crypto Currency Units.

Buba said the EFCC secured 50 convictions in the fight against internet fraudsters and currency racketeers.

According to him, the ICPC also in the period under review recovered N66 billion in cash and rent on forfeited assets.

“Meanwhile, the ICPC in the period under review the recovered N66 billion in cash and rent on forfeited assets.

“The commission also secured restraining order on assets worth N5.8 billion, while N366.9 million was forfeited through judicial processes.

“Furthermore, the ICPC secured 18 convictions.

“Investigations and prosecutions saw 131 investigations and 18 convictions,” he said.

In his opening remarks, Head of Strategic Communications, ONSA, Zakari Mijinyawa, said that robust interagency collaboration had been pivotal to the successes recorded so far by the Security, Defence and Response Agencies in Nigeria.

Mijinyawa said the achievements were the result of the coordinated efforts to enhance national security and protect the lives and property of citizens.

He said that ONSA had facilitated the UK-Nigeria security and defence dialogue, bringing together security and defence chiefs from both countries.

According to him, ONSA had in collaboration with the Central Bank of Nigeria, initiated a series of economic security measures against currency manipulators and speculators.(NAN) 

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June 6, 2024

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