EFCC recovers N6b, 30 estates, 32 automobiles in three months – Bawa
The Economic and Financial Crimes Commission says it has so far recovered over N6 billion, 30 real estates and 32 automobiles between March and June this year.
The Chairman of the Commission, Abdulrasheed Bawa, stated this on Thursday in Abuja during the weekly media briefing organized by the Presidential Communication Team.
Bawa said: “From the time I took over, we have recovered over N6 billion, over $161 million, over £13,000, €1,730,200 Canadian dollars, CFA 373,000, ¥8,430.
“We have recovered 30 real estates, one carpet, 13 electronics, one farm land, one factory, two motorcycles, one filling station and about 32 automobiles.” According to Bawa, not all recoveries made by the commission go into the coffers of the Federal Government.
He said: “Let me use this opportunity to clarify issues.
“There are a number of recoveries that the EFCC has made over the years but not all recoveries made belong to the Federal Government.
“We have made recoveries for victims of criminals and they can be individuals, local government, state government, federal government, corporate entities whether in Nigeria or outside Nigeria.
“There are also recoveries that are indirect recoveries.
“Just a couple of weeks back, we recovered $100 million for the Nigeria Ports Authority but the monies were paid into the account of NPA but through our efforts.
“Am I not going to record that we have recovered such an amount for NPA?
“Are you going to see it in the EFCC recovered account with the CBN?
“No.
“There are recoveries that are made directly into the EFCC account.
“It is through systems and processes.
“There is Department of Asset Forfeiture and Recovery Management in EFCC responsible for collating all the data regarding recovered assets, assets on interim forfeiture and assets on final forfeiture as well as their location and of course their management.”
Bawa expressed serious concern over the rising cases of internet frauds involving youths across the country.
He revealed that over 1,500 internet fraudsters were apprehended in the last six months, saying they would soon be prosecuted.
He said: …