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EFCC Chairman Reveals Recovery of N120 Billion from Fraudsters in Six Months

Ola Olukoyede, the Chairman of the Economic and Financial Crimes Commission (EFCC), has announced a significant milestone in the fight against corruption. Speaking at a news conference in Abuja, Olukoyede…

Ola Olukoyede, the Chairman of the Economic and Financial Crimes Commission (EFCC), has announced a significant milestone in the fight against corruption.

Speaking at a news conference in Abuja, Olukoyede disclosed that the EFCC had recovered an impressive sum of N120 billion from Nigerian fraudsters within just six months of his assumption of office.

Highlighting the indispensable role of the EFCC in Nigeria’s survival, Olukoyede emphasized the commission’s continuous efforts in returning stolen funds to the country.

He underscored the impact of these recoveries on countless victims, noting that the EFCC’s interventions have brought relief to many.

“In my six months, we have recovered over N120 billion and made over 1,600 convictions,” Olukoyede revealed.

In addressing concerns related to former Governor of Kogi State, Yahaya Bello, Olukoyede reaffirmed the commission’s commitment to upholding the rule of law.

He stressed that the EFCC’s role is to investigate and prosecute cases diligently, leaving the responsibility of convictions to the judiciary.

Referring to specific allegations against Bello, Olukoyede asserted, “EFCC has gathered the necessary evidence. Come and answer to your charge.” He reiterated that failure to respond to invitations does not impede the commission’s duty to pursue justice.

“We are talking about over N80 billion that belonged to the people of Kogi State allegedly stolen, so come and tell us you did not steal this money,” Olukoyede stated.

While acknowledging that the EFCC has faced challenges and lost cases in the past, Olukoyede remained resolute in the commission’s commitment to its mandate.

He emphasized the importance of accountability and urged cooperation from all parties involved in ongoing investigations and prosecutions.

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