In One Year, EFCC Recovers N152bn, $386m; Records 2,220 Convictions

By Abdulrahman Abdulraheem

The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, on Monday said the Commission had within the last year, secured an unprecedented conviction record of 2, 220 and recoveries in excess of N152billion, $386milion, among other recoveries.

Bawa spoke at the opening ceremony of the 5th Annual General Assembly (AGA) meeting of the Network of National Anti-Corruption Institutions in West Africa (NACIWA).

Speaking to journalists after the opening ceremony of the two-day event, Bawa added that out of the over 2ooo convictions recorded in the last one year, 641 took place in 2022 alone.

“The Commission has also embarked on several reforms aimed at strengthening the institution, including the development of a reporting application named Eagle Eye, to ease the reporting of incidences of economic and financial crimes by the public.

“The EFCC has further developed a five-year Strategic Plan that guides its operational approach in law enforcement action,” he said in his speech at the opening ceremony.
The NACIWA Assembly was co-hosted by both the EFCC and the Independent Corrupt Practices and other Related Offences Commission (ICPC).