We Recovered N980 billion, Secure 2,240 Convictions In Five Years- Says EFCC


The acting chairman of the Economic and Financial Crimes Commission (EFCC) , Ibrahim Magu, says the agency has recovered assets in excess of N980 billion and secured 2,240 conviction in the past five years.

Magu made this known  on Thursday during a media briefing to mark the 2020 Democracy Day in Abuja

Magu said non-monetary assets recovered by the anti-corruption agency include estates, private jets and oil vessels.

“We shall be marking the 2020 Democracy Day as a commemoration of our progress in the democratic project,” Magu said.

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“We have recovered assets in excess of N980billion and quite a large array of non-monetary assets like properties, estates, private jets, oil vessels, filling stations, schools, hotels, trucks and other automobiles, jewelleries, plazas, shopping malls, electronics, among others.

“The EFCC takes both enforcement and prevention strategies very seriously. Our enforcement is not about tough talks, it is about tough actions. It is not about rhetoric, it is about professionalism. It is not about seminars, it is about criminals and how to bring them to book”.Magu said.

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