Abdulrasheed Bawa | Credit: PunchThe Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said that the Commission recovered the sum of N152, 088,698,751.64 and $386,220,202.84 in 2021.
The chairman, in continuation of the review of the Commission’s operational activities for 2021, listed other recoveries as £1, 182,519.75, €156,246.76, 1,723,310.00 Saudi Riyal, 1,900.00 South African Rand and 1, 400.00 Canadian Dollar.
Bawa said that the recovery basket also included a digital currency component with 5, 36957319 Bitcoin and 0.09012 Ethereum.
According to him, the
headquarters Operation dominated the recoveries with N67, 249, 744, 994.89, $375,662,223.59 and £1,151,539.75.
“It is closely followed by the Lagos Command which led the Naira recoveries with N70, 315,611,260.52, $9,286,497.83 and £21,500.00.
“The Kaduna Zonal Command emerged third in terms of Naira recoveries with a total sum of N3, 339,405,723.93 while the Ibadan Zonal Command took the same position in terms of Dollar recoveries to the tune of $387,385.00.
The Executive Chairman of the Commission said that the monies included direct and indirect recoveries for the different tiers of government (Federal, State and Local Governments), corporate organizations and individuals (victims of crime) within the year under review.
He commended the personnel of the Commission for the performance while urging them to redouble their efforts to ensure that perpetrators of economic and financial crimes are denied the benefit of the proceeds of crime.
