Connect with us

NEWS

EFCC Recovered N409bn, $69.5m In Eight Months – Magu

Published

on

Ibrahim Magu

The Economic and Financial Crimes Commission (EFCC) says it has recovered about N409 billion and secured 137 convictions nationwide between January and August 2017.

The acting chairman of the anti-graft agency, Mr Ibrahim Magu, made the disclosure on Wednesday at an interactive meeting with media executives in Abuja, Nigeria’s capital.

“Between January and August 30, 2017, the EFCC recovered N409,270,706,686.75; $69,501,156.67; 231,118.69 Pounds; 610,816.20 Euros; Dirham 443,400.00; and 70,500.00 Saudi Riyal,” Magu said in statement signed by the EFCC spokesman, Wilson Uwujaren.

“Over a month ago, the Commission recovered over N329billion from a group of oil marketers for the Nigerian National Petroleum Corporation (NNPC).”

According to the statement, the session provided media editors from the print, online and broadcast media platforms an avenue to engage with the EFCC boss.

Magu also seized the opportunity to inform the journalists of the resolve of the commission to remain unrelenting in the fight against corruption.

“In the area of prosecution of cases in court, we are also making progress despite the antics of some persons accused of grand corruption to delay trial.”

Advertisement
Article Banner

The EFCC boss stressed the important role of the media in the anti-corruption fight and sought more support from members of the Fourth Estate of the Realm.

He also urged them to see themselves as partners in progress, noting that the EFCC cannot win the war against corruption on its own.

“We believe there is still a lot to be done which is the reason why we are actively seeking the support of all stakeholders, including the media.

“From what we read in the papers these days, it is either somebody is fighting Magu or Magu is fighting other people. But seriously speaking, instead of fighting ourselves, we should be united in fighting the common enemy, which is corruption,” he said.

Magu said he has no personal grouse with anyone, saying, “I am not after anybody and have no issues with anybody.”

“Those who think they have issues with me will soon discover that I mean no harm. What drives me is the passion to do what is right by ensuring that we fight corruption to a standstill in this country.”

Advertisement
Article Banner

He, however, assured Nigerians that the anti-graft agency remains committed to the anti-corruption drive of the Federal Government.

[Widget_Twitter id =”1″]

Continue Reading
Advertisement
Click to comment
FEATURED2 hours ago

Former Power Minister Mamman Loses More Assets to FG After 75 Years Jail Sentence

FEATURED4 hours ago

Alleged Fake Council: How the Gbajabiamila Controversy Became a Test of Tinubu’s Presidency

#SPORTS4 hours ago

‎Merino’s Late Strike Sends Spain Past Portugal into World Cup Quarter-finals ‎

personnel
METRO4 hours ago

Delta Police Launches Statewide Operation to Prevent Cult-related Violence Ahead ‘7/7’

FEATURES6 hours ago

‎Fake News Threatens Democracy, Gov Idris Tells Journalists at Arewa Media Summit ‎

BUSINESS7 hours ago

Shettima, Okonjo-Iweala, Brazilian, Chinese Investors Set For Delta Summit

Defense and Security8 hours ago

‎Tinubu Unveils AI Security Strategy, Pledges Modern Nigerian Army to Combat Insecurity

FEATURES8 hours ago

‎Tinubu Rejects Judiciary Interference Claims, Says FCT TSA Exit Boosted Project Delivery ‎

FEATURES11 hours ago

Obi Criticises Tinubu Over Oyo School Kidnapping, Questions President’s Response

FEATURES13 hours ago

‎Nigeria’s Youngest Chartered Accountant, 16-Year-Old Osasere Okundaye, Shares Inspiring Journey to ICAN Success

Isoko North Boss Bans Illegal Vigilante Group, Imposes Curfew on Commercial Motorcycle
METRO1 day ago

Isoko North Boss Bans Illegal Vigilante Group, Imposes Curfew on Commercial Motorcycle

BAD GOVERNANCE IN NIGERIA: A THREAT TO NATIONAL DEVELOPMENT
OPINION1 day ago

BAD GOVERNANCE IN NIGERIA: A THREAT TO NATIONAL DEVELOPMENT

US to Closely Monitor Nigeria’s 2027 Elections, Warns of Tougher Conditions for Bilateral Ties
FEATURES1 day ago

US to Closely Monitor Nigeria’s 2027 Elections, Warns of Tougher Conditions for Bilateral Ties

FG Denies ₦8tn 'Shadow Budget' Claims, Says All Spending Backed by Law
BUSINESS1 day ago

FG Denies ₦8tn ‘Shadow Budget’ Claims, Says All Spending Backed by Law

Democracy Day: Leadership is a Trust Bestowed by the People, Says Okowa
POLITICS2 days ago

It’s Crystal Clear: Okowa Holds the Ace in the Delta North Senate Showdown

Advertisement
Advertisement

z

   


Article Banner