efcc n1.23 trillion recovery

EFCC N1.23 Trillion Recovery: What Nigeria Is Doing With the Money Matters More Now

The EFCC N1.23 trillion recovery announced by the Economic and Financial Crimes Commission is drawing attention not only because of the size of the figure, but because of what happens to the money and assets after they are recovered. EFCC Chairman Ola Olukoyede said the commission recovered N1.233 trillion, $684.48 million, £373,905.78 and €9.34 million…

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Court Orders Final Forfeiture of 48 Properties Linked to Ex-AGF Malami

A Federal High Court in Abuja has ordered the final forfeiture of 48 properties linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), after ruling that the Economic and Financial Crimes Commission (EFCC) established reasonable suspicion that the assets were acquired through proceeds of unlawful activities. The ruling was delivered…

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