By Emman Ovuakporie
ABUJA-THE Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, yesterday confirmed the recovery of N867 billion; $66.258 million and 13.847 euro corruption proceeds in 2017 financial year.
According to the anti-graft crusader, funds recovered by the commission include: GBP 294,851.82; Dirha 443400 and 70,500 South African Rand within the period under review.
The EFCC helmsman, who disclosed this during the 2017/2018 budget defence, held at the instance of the House Committee on Financial Crimes, expressed delight over the financial and operational autonomy of Nigerian Financial Intelligence Unit, NFIU, with the approval of Budget Office of the Federation and Accountant General of the Federation.
The documents made available to journalists showed that the final forfeiture of N32 billion and $5 million was recovered from…
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