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Ola Olukoyede, chairman of the Economic and Financial Crimes Commission , says the anti-graft agency has recovered N156,276,691,242.30 in the last one year.
Olukoyede, who was represented by Mohammed Hammajoda, the secretary to the commission, added that the EFCC also secured 3,175 convictions.He said the EFCC also recovered $43,835,214.24, £25,365, €186,947.10, ₹51,360.00, C$3,750.00, A$740, ¥74,754, R35,000, 42,390 UAE Dirhams, 247 Riyals, and 21,580,867,631 crypto currency.
“In spite of this commendable performance, the commission is deeply worried about the increasing involvement of young people, including students, in cybercrime, popularly called Yahoo Yahoo. Hundreds of suspects are arrested monthly, with many of them ending up in jail,” he said.He called on students of the university to stay away from internet fraud, noting that a conviction for fraud “is a burden that will leave a life-long scar on the fortunes of these youths.
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