Magu says EFCC has recovered over N980bn, private jets, oil vessels

Magu says EFCC has recovered over N980bn, private jets, oil vessels

- The acting chairman of the EFCC, Ibrahim Magu, has said the anti-graft agency has recovered assets in excess of N980 billion

- Magu made the disclosure at a media briefing when highlighting some of the successes recorded by the anti-graft agency

- The EFCC boss said in the past five years, the agency had secured 2,240 convictions

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The acting chairman of the EFCC, Ibrahim Magu, has disclosed that the anti-graft agency has recovered assets in excess of N980 billion, in addition to private jets and oil vessels.

Magu made the disclosure at a media briefing on Thursday, June 11, when highlighting some of the successes recorded by the anti-graft agency, The Cable reports.

Magu says EFCC has recovered over N980bn, private jets, oil vessels

The EFCC boss stated that the anti-graft war is making significant progress. Photo credits: This Day
Source: UGC

He pointed out that some of the non-monetary assets recovered by the anti-corruption include estates, petrol stations, schools, hotels, trucks and cars, jewelleries, shopping malls, electronics, among others.

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The EFCC boss said in the past five years, the agency had secured 2,240 convictions.

He said the EFCC has recorded results across all our zones because the commission was pursuing cases with vigour.

According to Magu, all digitalised and non-digitalised investigations of the EFCC were making impressive progress

In another news report, the EFCC has been asked to begin a forensic investigation into the tenure of a former commissioner of finance in Abia state, Obinna Oriaku.

Legit.ng reports that this was contained in a petition letter written by the Anti-Corruption Campaign Network (ACCN) to the anti-graft agency over allegations of fraud and misappropriation of state funds leveled against the ex-commissioner.

The petition letter dated May 19, and signed by the group's coordinator, Patrick Odey, was made available to Legit.ng on Saturday, June 6.

The group noted that its main existence is to expose corrupt practices in Nigeria and advocate probity among public officeholders.

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"In the course of our activities, we came in contact with certain allegations of gross financial misconduct and abuse of office for pecuniary gains by one Mr. Obinna Oriaku, the immediate past Abia state commissioner for finance, and we have deemed it crucial to bring same to your notice for investigation and review," the petition read in part.

In a similar report, the Association of Ebonyi State Indigenes in Diaspora (AESID) has asked the Economic Financial Crimes Commission (EFCC) and other anti-graft agencies to embark on a comprehensive probe of the state financial records in the last 16 years.

The association specifically called on the Independent Corrupt Practices and other Related Offences Commission (ICPC), the Directorate of State Services (DSS) and the police to bring to book all those who have caused the state economic doldrums and future dooms beginning from the Sam Egwu-led administration to Elechi and now, the Dave Umahi-led government.

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Meanwhile, it was a big milestone in the fight against crimes as the Economic and Financial Crimes Commission (EFCC) announced that Interpol, an international police organisation, has extended its specialised intelligence platform to it.

The anti-graft commission made this known in a statement released on its social media page on Thursday, June 4.

According to EFCC, the information platform codenamed 1P-247 was stretched to the commission during a brief ceremony attended by its boss Ibrahim Magu, staff of the EFCC and key officers of Interpol.

Legit.ng gathers that the IP-24/7 is a global police intelligence system that connects law enforcing agencies in all the 194 member countries together.

The specialised platform also enables users to share sensitive and urgent police information with their counterparts around the globe, 24 hours a day, and 365 days a year.

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EFCC said with the extension, it will now have access to 18 databases through which information about criminal activities across the world can be obtained.

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Source: Legit.ng

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