The acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu has given the scorecard of the Commission in the last three years under his chairmanship, as revealed that the anti-graft agency has secured 703 convictions in the three years that he has been in charge of administering the affairs of the agency.
Ibrahim Magu gave this scorecard at a press conference on Monday, November 12, 2018, as part of activities to mark his third year in office. The anti-graft czar took over the affairs of the Commission, on November 11, 2015 shortly after his appointment by President Muhammadu Buhari.
“In the past three years, we have set recovery records to the envy of virtually all law enforcement agencies in Africa,” he said, stressing that it was on record that “about 90 per cent of all recoveries in Nigeria” were secured by the EFCC.
Giving a breakdown of the convictions, Magu hinted that so far from January to November 2018, the agency under his watch had secured 217 convictions, which included those of two former state governors, Jolly Nyame of Taraba and Joshua Dariye of Plateau, as well as Joseph Nwobike, a Senior Advocate of Nigeria. .
“One hundred and three convictions were secured in 2015, 194 convictions in 2016, 189 in 2017 and 217 from January 2018 till date,” he stressed.
He further noted that the agency has intensified efforts in the areas of recovering stolen wealth from the corrupt. According to him, the EFCC has so far, recovered more than N794 billion, over $261 million, £1,115,930.47, €8,168,871.13, and 86,500 CFA.
“Hundreds of properties such as filling stations, petroleum products, land, jewellery, automobiles, real estate, vessels, hospitals, company shares and heavy machinery and broadcast equipment have been seized from corrupt elements between 2015 and 2018,” he added.
Stressing that the EFCC under his watch remained committed to the mantra of President Buhari to “kill corruption”, he noted that conscientious investigations into the activities of corrupt persons, has led to the seizure of 407 mansions, between 2015 to 2018.
source: EFCC