January 10, (THEWILL) – The Economic and Financial Crimes Commission (EFCC), on Monday said it has recovered a total of N152.1 billion, $386.2 million, £1.2 million, €156,246, 1.7 million Saudi Riyal, 1,900 South African Rand, and 1,400 Canadian Dollars from various persons in 2021.
In a statement issued on Monday, the agency stated that the recovery also included a digital currency component with 5,36957319 Bitcoin and 0.09012 Ethereum.
THEWILL reports that the EFCC had last week said it recorded 2,220 convictions across the Commands in 2021 with the Chairman of the commission, Mr Abdulrasheed Bawa, assuring that there would not be a hiding place for the looters of the nation’s treasury.
In the review of the agency’s performance in the outgone year, it was revealed that the Lagos Command recorded the most convictions of 481, closely followed by the Ibadan Command with 324 convictions, while the Port Harcourt Zonal Command had 230 convictions.
The conviction secured by the EFCC in 2021 was the highest since inception.
Before 2021, the highest record of conviction by the commission was secured in 2019 with 1,280 convictions, showing the last year’s figures were 127.5 percent higher than the 2019 record.
Interestingly too, the 2021 record represented a 98.49 percent success rate in prosecution as the agency only lost 34 cases during the period.