- EFCC boss, Ibrahim Magu, said the EFCC has reovered N871bn from looters in the last three years
- Magu also added that the anti-graft agency has been able to recover 407 mansions from loooters
- He claimed the commission has secured over 700 convictions in the last 3 years
The acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has said the anti-graft agency secured over 700 convictions in the last three years and about N871 billion has been recovered from looters.
Magu made the statement in Abuja on Monday, November 12, while addresing journalists at an event organised to mark his third year in office.
The EFCC acting chairman added that the anti-graft commission, under his watch, has been able to recover about 407 mansions owned by looters.
He said: “In the three years that I have been in charge of EFCC, we have secured 703 convictions. The breakdown is as follows: 103 convictions in 2015, 194 convictions in 2016; 189 in 2017 and 217 from January 2018 till date.
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“Over N794billion recovered. Over $261 million has been recovered. The Pounds Sterling recovered stands at 1, 115, 930.47 Pounds. The Euros recovered in the period is: 8,168, 871. 13 Euros. There is also the sum of 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."
Magu also claimed that in the last three years, nine filling stations were seized and placed under interim forfeiture.
He said: “From 2015 to 2018, 407 mansions were seized, 126 have been forfeited finally and 281 are under interim forfeiture. Nine filling stations were seized and placed under interim forfeiture.
“Plots of land seized sums up to 98 of which 56 are under interim forfeiture, while 42 have been forfeited finally to the Federal Government.
“Two hundred and fifty nine automobiles have been seized, 35 are under interim forfeiture while 224 have been forfeited finally. “A hospital, St. Solomon Health Care Centre located at No. 24, Adeniyi Jones Street, Ikeja, Lagos, has also been forfeited finally. In 2016, 1500 metric tonnes of AGO and 3,035 Metric tonnes of LPFO were forfeited finally.”
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Meanwhile, Legit.ng earlier reported that Magu advised a journalist to write a petition to the anti-graft agency if he is keen to known the source of wealth of the All Progressives Congress chieftain, Asiwaju Bola Tinubu.
Magu made the statement after a jouralist asked if the EFCC would investigate Tinubu for a video that emerged this year, where the APC chieftain was allegedly claiming that he is richer than Osun state.
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Source: Legit.ng
