Ibrahim Magu, chairman of the Economic and Financial Crimes Commission, EFCC, on Tuesday revealed that the commission has recovered N500 billion and secured 486 convictions in law courts since he took over office in 2015.
Magu disclosed this during the inauguration of the anti-graft body’s new head office in Abuja by President Muhammadu Buhari.
“In 2018 alone, we have secured 89 convictions. Thus so far, we have secured 486 convictions from November 2015 till date. We have recovered funds in different currencies and, so far, we have recovered more than N500 billion”, Magu said.
The EFCC boss also said that “recoveries meant for the Federal Government are duly remitted to its account while recoveries for individuals and private institutions are equally paid to them in accordance with the law”.
He added: “We are also making strides as it relates to the prosecution of high-profile cases. For instance, for the first time in the history of Nigeria, a Senior Advocate of Nigeria was convicted in a case prosecuted by the EFCC”.
Magu reiterated the commission’s commitment to prosecute individuals who have stolen from the country’s coffers.