EFCC Recovered N409bn, $69.5m In Eight Months – Magu​


The Economic and Financial Crimes Commission (EFCC) says it has recovered about N409 billion and secured 137 convictions nationwide between January and August 2017. The acting chairman of the anti-graft agency, Mr Ibrahim Magu, made the disclosure on Wednesday at an interactive meeting with media executives in Abuja, Nigeria’s capital.


“Over a month ago, the Commission recovered over N329billion from a group of oil marketers for the Nigerian National Petroleum Corporation (NNPC).” According to the statement, the session provided media editors from the print, online and broadcast media platforms with an avenue to engage with the EFCC boss.


Magu also seized the opportunity to inform the journalists of the resolve of the commission to remain unrelenting in the fight against corruption. He said, “In the area of prosecution of cases in court, we are also making progress despite the antics of some persons accused of grand corruption to delay the rial.”


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