• contact@trumpetmagazine.com
Facebook Twitter Youtube Linkedin Instagram
  • News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts
Menu
  • News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts
Home News

EFCC recovers over N150bn, records ‘highest-ever’ number of convictions within one year

Omotayo Daranjo by Omotayo Daranjo
January 13, 2022
in News
0
0
SHARES
20
VIEWS
Share on FacebookShare on Twitter

READ ALSO

My nasty experience with vicious fuel subsidy cabal, by Okonjo-Iweala

Fuel subsidy removal: You’re acting Peter Obi’s script – Fani-Kayode attacks NLC

EFCC

The Economic and Financial Crimes Commission (EFCC) says it secured its highest-ever number of convictions within one year in 2021.

The anti-graft agency said with 2,220 convictions secured in 2021, the figure is the highest in the history of the commission, beating its previous record of 1,282 convictions in 2020.

In a publication released by EFCC which highlighted its activities in 2021, the agency said it lost 122 cases.

“From January to December 2021, the EFCC effectively prosecuted and secured an unprecedented record of 2,220 convictions,” the agency said.

“It is the highest so far in the history of the commission, the previous record being about 1,282 recorded last year.

“Suffice to add that the EFCC, in the period, also lost 122 cases in which the accused persons were discharged and acquitted. The positive implication is that the EFCC lost less than 10 percent of its cases – a 90 percent success rate.

“It is undoubtedly a remarkable achievement, even as the EFCC continues to intensify its efforts to remain the law enforcement agency of reference.”

Highlighting some of its successes, the commission also said it recovered “monies stashed away by corrupt persons” in the period under review.

“The EFCC has continued to ensure that monies stashed away by corrupt persons are recovered,” the agency said.

“The commission recovered the aggregate sum of N152,088,698,751.64 (one hundred and fifty-two billion, eighty-eight million, six hundred and ninety-eight thousand, seven hundred and fifty-one naira, sixty-four kobo), $386,220,202.84 (three hundred and eighty-six million, two hundred and twenty thousand, two hundred and two dollars, eighty-four cents).”

Also said to have been recovered by the commission include “£1,182,519.75 (one million, one hundred and eighty-two thousand, five hundred and nineteen pounds), €156,246.76 (one hundred and fifty-six thousand, two hundred and forty-six euros), 1,723,310.00 Saudi Riyal, 1,900.00 South African rand, and 1, 400.00 Canadian dollars between January and December 2021.”

 

Tags: EFCC RECOVERS OVER 150BNWITHIN ONE YEAR

Related Posts

My nasty experience with vicious fuel subsidy cabal, by Okonjo-Iweala
News

My nasty experience with vicious fuel subsidy cabal, by Okonjo-Iweala

June 5, 2023
Fuel subsidy removal: You’re acting Peter Obi’s script – Fani-Kayode attacks NLC
News

Fuel subsidy removal: You’re acting Peter Obi’s script – Fani-Kayode attacks NLC

June 5, 2023
Applauding Zenith Bank’s Corporate Governance Award Winning Grace 
News

Applauding Zenith Bank’s Corporate Governance Award Winning Grace 

June 5, 2023
Kidnapped Anambra Catholic priest regains freedom
News

Kidnapped Anambra Catholic priest regains freedom

June 5, 2023
Nigeria will ‘fall’ if Kanu dies in detention, says IPOB
News

Onoh faults S-East leaders for Kanu’s continuous stay in detention

June 3, 2023
‘No documents’ — NCAA rejects Nigeria Air’s request to proceed to phase two of AOC acquisition
News

‘No documents’ — NCAA rejects Nigeria Air’s request to proceed to phase two of AOC acquisition

June 3, 2023
Next Post

World Bank forecasts Nigeria’s economy to grow by 2.5% in 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Categories

  • Achievement/Profile
  • Adverts
  • Article
  • Business
  • Entertainment
  • Fashion
  • Features
  • Health
  • News
  • Politics
  • Sports

The Trumpet International Magazine is a real-time and comprehensive news magazine. It is an independent, national news provider for Africans, reporting daily developments and events in South Africa and other African Countries and their Citizens based in South Africa.

Categories

  • News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts
Menu
  • News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts

Recent Post

My nasty experience with vicious fuel subsidy cabal, by Okonjo-Iweala

Support for Akpabio’s Senate presidency shaky, number of supporters dwindle

Fuel subsidy removal: You’re acting Peter Obi’s script – Fani-Kayode attacks NLC

Applauding Zenith Bank’s Corporate Governance Award Winning Grace 

Kidnapped Anambra Catholic priest regains freedom

News
Omotayo Daranjo
My nasty experience with vicious fuel subsidy cabal, by Okonjo-Iweala

This isn’t the first time the idea of

Read More »

Trumpet Magazine | © 2021.

Facebook Twitter Youtube Linkedin Instagram

Add New Playlist