By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: EFCC has recovered assets in excess of N980bn, says Magu
Font ResizerAa
Okay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
2026 © Okay International Limited - All rights reserved
NewsTop stories

EFCC has recovered assets in excess of N980bn, says Magu

Muhammad A. Aliyu
By
Muhammad A. Aliyu
ByMuhammad A. Aliyu
Muhammad Ameer Aliyu is a prolific journalist who joined Okay News in 2015, aiming to contribute to the platform's positive growth. Currently serving as the Senior...
Follow:
Published: 2020/06/11
2 Min Read
Share
Acting EFCC Chairman, Ibrahim Magu
SHARE

The Economic and Financial Crimes Commission (EFCC) has reovered assets in excess of N980bn, according to Ibrahim Magu, the acting chairman of the anti-graft agency.

Magu made this disclosure on Thursday while speaking at a media briefing to mark the 2020 Democracy Day in Abuja.

According to the EFCC boss, non-monetary assets recovered by the anti-corruption agency include estates, private jets and oil vessels.

He also revealed that the commission in the past five years secured 2,240 conviction.

- Advertisement -

Magu said: “We shall be marking the 2020 Democracy Day as a commemoration of our progress in the democratic project.

“As you all know in your regular reporting, the EFCC is not only ahead, it is clearly so. We are on course in all the cases we are prosecuting. Our scorecard in the area of conviction is 2,240 in the last five years.

“We have recovered assets in excess of N980billion and quite a large array of non-monetary assets like properties, estates, private jets, oil vessels, filling stations, schools, hotels, trucks and other automobiles, jewelleries, plazas, shopping malls, electronics, among others.

“The EFCC takes both enforcement and prevention strategies very seriously. Our enforcement is not about tough talks, it is about tough actions. It is not about rhetoric, it is about professionalism. It is not about seminars, it is about criminals and how to bring them to book.

“The EFCC is making impressive progress in digitalized and non-digitalized investigations. All our cases are being pursued with vigour and alacrity. This is why we have results across all our zones.

“The EFCC is committed to our democratic project as a nation. The anti-corruption agenda of President Muhammadu Buhari is real, robust and yielding visible results. We will not relent on our assigned mandate. As I always emphasise, public ownership of the anti-corruption war is one of the best showcase of our patriotism.”

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:EFCCMaguNigeria
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Governors agree to declare state of emergency on rape
Next Article June 12: Buhari to address Nigerians on Democracy day

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

More News

News

‘Network Issues Are No Longer an Excuse’, Senator Natasha Says, Pushes for Real-Time Election Results

By Adamu Abubakar Isa
1 Min Read
News

India Orders Social Media Platforms to Remove Illegal Content Within Three Hours

By Adamu Abubakar Isa
2 Min Read
News

British Woman Shot Dead in Texas After Argument With Father Over Donald Trump

By Adamu Abubakar Isa
2 Min Read
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook