The conviction and recoveries are part of the highlights of the “key achievements” of the EFCC in the first year of its chairperson, Ola Olukoyede, in office.
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“In the past one year, the EFCC under Olukoyede’s watch secured 3455 convictions across all categories of financial crimes and corruption,” he said.the EFCC’s financial recoveries, which included $105.4 million, £53,133, and several other foreign currencies. Beyond monetary recoveries, the agency returned 53 stolen vehicles to Canadian authorities and seized multiple properties.
He said it has also taken steps to limit businesses and schools from demanding dollar payments, addressing a trend that had fuelled economic distortions and instability.In September, the EFCC transferred $180,300 and 53 vehicles to Canadian law enforcement authorities. The assets were traced to Canadian victims of Nigerian fraud schemes.€5,100 to a Spanish victim, emphasising Mr Olukoyede’spush to build international partnerships in recovering assets tied to foreign cases.
The EFCC has introduced interfaith anti-corruption manuals for Christian and Islamic leaders, hoping religious organisations will help instil ethical values. He said the EFCC has also established a Visa and Immigration Fraud Unit to respond to a rise in fraud linked to immigration services. At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.
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