The Economic and Financial Crimes Commission, EFCC, has disclosed the recovery of over N248 billion and $105 million, as well as securing 3,455 convictions in its anti-corruption campaign over the past year.
The Chairman of EFCC, Mr Ola Olukoyede, announced this on Thursday in Abuja at a briefing marking his one-year anniversary in office.
Represented by the Director of Public Affairs, Wilson Uwujaren, Olukoyede stated that the EFCC had also initiated legal proceedings against four former governors on corruption charges. He noted that these achievements were recorded between 18 October 2023 and 18 October 2024.
According to Olukoyede, the commission recovered N248,750,049,365.52; $105,423,190.39; £53,133.64; €172,547.10; ₹1,300.00; and CAD $3,400.00.
“It also recovered ¥74,859.00 Chinese Yuan; AUS $740.00; 170 UAE Dirhams; 73,000 Korean Won; CFA 7,821,375.00; and R50.00 South African Rand,” he disclosed.
The chairman added that on 6th September, the EFCC handed over $180,300 and 53 vehicles to the Royal Canadian Mounted Police, assets recovered for Canadian victims defrauded by Nigerian suspects.
Olukoyede said $164,000 of the recovered assets belonged to a victim identified as Elena Bogomas, while $16,300 was recovered for another victim, Sandra Butler.
“The recovered 53 vehicles were stolen over time in Canada, freighted to Nigeria, and distributed across multiple locations by criminal elements,” he stated.
Olukoyede confirmed the prosecution of four former governors: Yahaya Bello (Kogi), Abdulfatah Ahmed (Kwara), Willie Obiano (Anambra), and Darius Ishaku (Taraba), on various corruption allegations.
Bello, facing two separate court cases, is charged before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, with a 19-count charge of money laundering totalling N80,246,470,088.88.
He, alongside Umar Oricha and Abdulsalami Hudu, also faces a 16-count charge of criminal breach of trust amounting to N110.4 billion before Justice Maryanne Anenih.
Ishaku, former governor of Taraba, and Bello Yero, ex-permanent secretary of the Bureau for Local Government and Chieftaincy Affairs, are on trial before Justice S.C. Oriji of the Federal Capital Territory High Court, Maitama, on a 15-count charge related to an alleged N27 billion fraud.
Former Kwara governor Ahmed, together with former Finance Commissioner Ademola Banu, faces a 12-count charge of money laundering and mismanagement of public funds worth N10 billion.
Meanwhile, Obiano, on 24th January, was arraigned on nine counts before Justice Inyang Ekwo of the Federal High Court, Abuja, involving money laundering, diversion of funds, and corruption amounting to N4 billion.
Furthermore, two former Power Ministers, Saleh Mamman and Olu Agunloye, were also arrested and are facing prosecution.
Mamman is being tried on a 12-count charge of conspiracy to commit money laundering totalling N33,804,830,503.73 before Justice James Omotosho.
Agunloye, a former Minister in the Obasanjo administration, faces a seven-count charge of official corruption and fraudulent award of the Mambilla Power Project contract worth six billion dollars.
In addition, former Aviation Minister Hadi Sirika is currently undergoing two separate trials—before Justice S.B. Belgore of the FCT High Court, Garki, and Justice Sylvanus Oriji of the FCT High Court, Maitama—on 10 counts involving an alleged N5.8 billion fraud.
Sirika is also facing six charges of alleged N2.8 billion fraud alongside Fatima Sirika, Jalal Hamma, and Al Buraq Global Investment Limited before Justice Oriji.
Olukoyede reiterated the EFCC’s commitment to fighting corruption at all levels, assuring Nigerians that the commission remains focused on securing justice for the public.
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