
EFCC recovered over $500 million in cash, assets for FG in three years — Olukoyede
The Economic and Financial Crimes Commission (EFCC) has secured the forfeiture of cash and assets worth more than $500 million to the federal government in the past three years, the commission’s chairman, Ola Olukoyede, has said.
The EFCC chairman said Nigeria’s legal framework allows the commission to seek forfeiture of assets suspected to be proceeds of crime without first securing a criminal conviction.
Mr Olukoyede urged members of the public with credible information about Nigerian assets allegedly taken abroad to provide the information to the commission, saying such intelligence could help the government recover proceeds of financial crimes.
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