EFCC recovers N975bn stolen funds in three years

ABUJA — Chairman of the Economic and Financial Crimes Commission, EFCC, Mrs. Farida Waziri, has disclosed that the commission recovered N975 billion from economic crimes between June 2008 and March 2011.
Mrs. Farida who made the disclosure in a document presented at the National Assembly interactive session in Abuja said the amount totals recoveries made by the commission from stolen wealth from the both the private and public sector.
She, however, did not mention the individuals and the organisations from whom the recoveries were made.
The document she presented shows that N650 billion was recovered from perpetrators of economic crimes in the banking sector. Another N3.5 billion from taxation, while the sum of N150 billion was recovered from local and foreign firms.
The document further shows that the commission recovered N36 billion as penalty proceeds from multinational companies, while 135.5 billion was recovered from forfeitures, AFF and miscellaneous financial crimes.
The documents also contain four demands from the commission to the members of the seventh National Assembly, in which Mrs. Waziri urged the National Assembly to pass an act creating special courts.
“Our expectation from the seventh National Assembly is that they should consider and expeditiously pass; the non-Conviction based asset recovery bill. This bill is in full conformity with the United Nation Convention against Corruption, UNCAC, to which Nigeria is a party. It is a major weapon in the fight against corruption used by many countries.
“The Special Courts (Establishment Bill), Evidence Act (Amendment) Bill. These laws are a must for a successful anti corruption fight. The National Assembly must speak up against corruption and act and demonstrate total commitment to the fight against corruption,” she said.


THE EFCC LIST
Dr Erastus Akingbola     N27 billion.
Chief Osa Osunde          N55 billion
Charles Silva Opuala        N2.4 billion
Francis Okokuro              N2.4 billion
Francis Atuche                 N80 billion
Okey Nwosu                    N95.1 Billion
Sebastian Adigwe            N277.3 Billion
Raymond Obieri               N131.8 Billion
Dr Bartholo-mew              N187.1 Billion
Cecilia Ibru                       N160.2 Billion
Tom Iseghohi                     N15 Billion
Dr Ransome Owan            N1.5 Billion
Rasheed Ladoja                 N6 Billion
Bode George                     N100 Billion
Babalola Borishade               N5.6 Billion
Nyeson Wike                        N4.670 Billion
Roland Iyayi                         N5.6 Billion
Chimaroke Nnamani             N5.3 Billion
Lucky Igbinedion                  N4.3 Billion
James Ibori                             N9.2 Billion
Orji Uzor Kalu                        N5 Billion
Ayo Fayose                            N1.2 Billion
Saminu Turaki                         N36 Billion
Jolly Nyame                           N1.3 billion
Michael Botmang                   N1.5 Billion
Hamman Bello Hammed        N2.5 Billion
BANKOLE                            ??????