20.1 C
Abuja

EFCC secured 2,240 convictions in five years, recovered N980b, private jets – Magu

Related

1min read

IBRAHIM Magu, the Acting Chairman of the Economic and Financial Crimes Commission (EFCC) on Thursday disclosed that the anti-graft body has secured 2,240 convictions in the past five years.

Magu revealed this during a briefing ahead of the Democracy and Anti-Corruption Day celebration in Abuja that holds on June 12.

He said the Commission also recovered assets worth N980 billion within the same period.

Other notable recoveries he listed included oil vessels, private jets, estates among others.

“Our scorecard in the area of conviction is 2,240 in the last five years,” Magu said.

“We have recovered assets in excess of N980 billion and quite a large array of non-monetary assets like properties, estates, private jets, oil vessels, filling stations, schools; hotels; trucks and other automobiles; pieces of jewellery; plazas, shopping malls, electronics, among others.”

Though, Magu admitted that the Commission still has pending corruption allegation cases it is probing, he boasted that the EFCC remains on course in its fight against fraud.

- Advertisement -

He, however, pledged to take the issues of enforcement and prevention strategies more seriously stressing that its enforcement is not about tough talks, but 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.

According to him, the EFCC is making impressive progress in digitalized and non-digitalized investigations.

“All our cases are being pursued with vigour and alacrity. This is why we have results across all our zones,” he boasted.

The ICIR had earlier written on a number of former Governors and politicians who were accused of looting their state’s treasury but yet to be fully convicted.

 

 

- Advertisement -

Olugbenga is an Investigative Reporter with The ICIR. Email address: [email protected] Twitter handle: @OluAdanikin

If you or someone you know has a lead, tip or personal experience about this report, our WhatsApp line is open and confidential for a conversation

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Support the ICIR

We need your support to produce excellent journalism at all times.

Recent

Investigation: Inside Enugu immigration office where passport racketeering thrives

For four months, Arinze CHIJOKE monitored passport racket involving the Passport Collection Officer and...

After dissolving AEDC board, FG claims DisCo unable to meet $122m obligation

THE Federal Government, on Wednesday, explained why it constituted an interim team to manage ...

I have nothing to do with bandits anymore –Gumi

ISLAMIC cleric Ahmad Gumi has announced that he will no longer mediate between the...

Botched PDP building: Ex-chairman wants EFCC to investigate political party funds

THE FAILURE of the People's Democratic Party (PDP) national headquarters building project despite billions...

Police claim two students died in Ojodu school truck accident

.....Police officer mourns daughter's death ....... School closes today, to resume January 4, 2022 THE daughter...
Advertisement

Most Read

Advertisement

Subscribe to our newsletter

Advertisement