By Haruna Salami
The Senate, at its plenary on Tuesday commended President Bola Tinubu for the outstanding performance of the Economic and Financial Crimes Commission (EFCC) in 2024, describing the agency’s achievements as a major milestone in Nigeria’s anti-corruption crusade.
This was sequel to a motion, titled “Commendation of the EFCC for 2024 Achievements”, sponsored by Senator Emmanuel Udende (Benue North-East).
Presenting the motion, Senator Udende who is the chairman Senate Committee on Anti-Corruption said the EFCC, Nigeria’s frontline anti-graft agency, had in 2024 received 15,724 petitions, opened 12,928 case files, filed 5,081 cases in court, and secured 4,111 convictions, the highest in a single operational year since its establishment.
He noted that the convictions led to the recovery and forfeiture of assets and funds across multiple currencies, including currency amount recovered that included:
Naira N364,597,370,151.35, US Dollar ($) $214,513,439.55 ounds (£) £54,318.64, Euro (€) €31,265.00, Canadian Dollar (CAD) $2,950.08, Australian Dollar (AUD) $7,821,375.00, CFA ₣470.00,
UAE Dirham (AED) 5,115.00, Riyals 73,000.00, Yen ¥225.00, Ghana Cedi ₵50.00, South African Rand (SAR) 50.
Udende further disclosed that the Commission also recovered and forfeited 173 automobiles, 78 electronic items, 14 landed properties, 784 estates, one hotel, and two gold chains, along with digital assets such as 13.37 Bitcoin (BTC), 97.68 Ethereum (ETH), and over ₦2.6 million in Tether (USDT).
“The EFCC has demonstrated courage, patriotism, and efficiency in discharging its mandate, thereby strengthening Nigeria’s financial framework,” he said.
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