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BENIN CITY- The Benin Zonal office of the Economic and Financial Crimes Commission (EFCC) in its effort to fighting corruption said it has secured 51 convictions of persons involved in various kinds of fraud.
The Commission added that within the last six months, its has recovered N45, 619,706. 71 ( Forty Five million, Six Hundred and Nineteen thousand, Seven Hundred and Six Naira, Seventy One Kobo, as well as property and instruments of frauds which according to the EfCC were proceeds from crimes and have been forfeited to the Federal Government.
The Benin Zonal Head of the EFCC, Mr. Muktar Suleman Bello disclosed this yesterday in Benin City, during a Road Walk against corruption, organised by the Commission to commemorate this year's African Anti- Corruption Day, christened: "Towards a Common African Position on Asset Recovery".
Muktar, who disclosed the theme of the road walk as "Towards Assets Recovery and Return" road walk maintained that this year's event was important, owing to the need to recover and return to the people what has been looted and stolen out of the continent by some few people.
"Few years ago, former South African President, His Excellency, Thabo Mbeki revealed that Africa loses about 50 billion US dollars annually through Illicit Financial Flow (IFF) out of the continent", he said.
He lamented that over the years, the country has lost billions of Naira to illicit financial flow, noting that corruption was responsible for the unconscionable poverty level in Nigeria.
He said : "It is this destructive and unacceptable level of corruption that has made the fight against corruption a major agenda of the present administration.
"The EFCC as the foremost anti-graft agency led by the Acting Chairman, Mr. Ibrahim Magu, an anti-graft Czar, a man with uncommon zeal and energy has been relentless in the fight against graft.
"Fortunately, this efforts is yielding result as the Commission secured 315 convictions in 2018", Muthar informed.
While assuring that the Acting Chairman of the EFCC would continue to work assiduously towards ensuring money stolen from the country are repatriated to the Nigeria, the former Head of Cyber Crime, Lagos Zonal EFCC office , however, sued for support and cooperation from stakeholders to join in the fight against corruption through education, mobilisation as well as active participation of the people in the fight against corruption.
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