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EFCC Records 80 Convictions in Eight Months

EFCC chairman Lamorde

…Recovers N6.5b, $19.2m

EFCC chairman Lamorde

EFCC chairman Lamorde

The Economic and Financial Crimes Commission, EFCC, has charged 368 cases to court and recorded 80 convictions at the end of August, 2013. Within the same period, the Commission recorded the following recoveries: N6,583,108,350 ; $19,251,519; 20,520 Euros and 19,000 Pounds Sterling.

Beyond the recoveries, EFCC Intensified the prosecution of politically exposed persons, failed bank executives, captains of industries, beneficiaries of fraudulent oil subsidy payments and senior civil servants involved in pension fraud.

A number of cases for which investigations have been concluded, would be charged to courts across the zones where the Commission maintains offices as soon as the courts resume from recess.

Meanwhile, the Commission deplores attempts by mischievous elements to distract it by imputing political motives to some of its investigations. The Commission will not be cowed by such insinuations which are clearly unfounded.

Nigerians can be assured that only those who run foul of the law have reason to entertain fear of the EFCC.

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