EFCC recovers N1bn in South-South


Economic and Financial Crimes Commission (EFCC) says it has recovered N1.3 billion between last January and September 2 from corrupt people in the South South region.

South South’s zonal head of EFCC, Ishaq Salihu, made this known while addressing a group of activists who staged a protest to the agency office in Port Harcourt on the investigation of a former First Lady, Patience Jonathan, for alleged money laundering.

The former first lady has been under the radar of the anti-graft agency for financial-corruption allegation. Her personal account with a balance of $5m as well as four other accounts linked to her with a balance of $15.6m was frozen by the commission.

He said the stolen fund was recovered from politicians and other people reported to the agency.

Salihu said:

“Between January 2nd and 2nd of September alone, the EFCC south south office has recovered 1 billion, thirty million, and five hundred and fifty five thousand naira sixty-two kobo (1,030,555,000, 62). What I said can be verified, there are records on that.


“The amount falls into two categories. One, recovery for the federal government and the state governments as it were and recoveries from politician, and individual persons that reported their cases to the EFCC whom their money have been returned.


“We have Recovery Account at the Central Bank of Nigeria. The last time I checked, we have recovered from politicians over five hundred and fifty five million naira (500, 055, 000) that make up the 1 billion naira.”

Salihu urged the protesters that criminal illegality should not be justified.


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