The Economic and Financial Crimes Commission (EFCC) says it recovered N1.233tn and secured 10,872 convictions between October 1, 2023 and July 31, 2026, covering the first 34 months of Ola Olukoyede’s tenure as chairman.
The Commission disclosed the figures in a video posted on its official X account on Thursday, highlighting its enforcement and recovery activities under Olukoyede.
According to the EFCC, it received 49,673 petitions during the period, investigated 39,615 cases and filed 14,476 cases in court.
The investigations resulted in 10,872 convictions, the Commission said.
The EFCC said the cases covered various forms of financial crime, including advance-fee fraud, cybercrime, money laundering, bank fraud and economic governance-related offences.
The Commission described petitions as the entry point for its investigations, saying the figures represented cases in which financial trails were traced and funds linked to financial crimes were recovered.
“₦1.233 trillion in recoveries in just 34 months. This is the legacy of EFCC Chairman Ola Olukoyede,” the Commission said in the video.
The EFCC said the figures reflected its efforts to investigate financial crimes, prosecute suspects and recover public resources and other proceeds linked to financial offences.
The Commission also highlighted the role of investigations in tracing financial transactions and uncovering assets connected to suspected financial crimes.
The latest figures come after Olukoyede presented an account of his stewardship in August, when the EFCC disclosed that its total recoveries during the period also included $684.48m, £373,905.78 and €9.34m.
The Commission said its work against economic and financial crimes would continue.
“The work continues,” the EFCC said.
