Politics

EFCC secured 3,175 convictions, recovered N156bn in a single yr -Secretary

The Economic and Financial Crimes Commission mentioned it secured 3175 convictions and recovered N156bn between May 29, 2023, and May 29, 2024.

The spokesperson for the EFCC, Dele Oyewale, revealed this in a press release on Wednesday.

Oyewale added that the small print had been revealed by the Secretary to the fee, Mohammed Hammajoda, in Abuja on Wednesday, on the launch of Zero Tolerance Club on the University Abuja, Gwagwalada, Abuja.

He added that talking on behalf of the EFCC Chairman, Ola Olukoyede, Hammajoda, mentioned, “The EFCC also recovered $43,835,214.24, £25,365.00, €186,947.10, ₹51,360.00, C$3,750.00, A$740.00, ¥74,754.00, R35,000.00, 42,390.00 UAE Dirhams, 247.00 Riyals and 21,580, 867631 Crypto Currency.”

He added that although the EFCC put up spectacular efficiency throughout the yr, the involvement of youths in web fraud continued to pose severe considerations to each stakeholder within the anti-graft struggle.

He added, “In spite of this commendable performance, the Commission is deeply worried about the increasing involvement of young people, including students, in cybercrime, popularly called yahoo yahoo. Hundreds of suspects are arrested monthly, with many of them ending up in jail.”

He referred to as on college students of the University to avoid web fraud, stressing that conviction for fraud, “is a burden that will leave a life-long scar on the fortunes of these youths”.

He additional acknowledged that there was no justification for cybercrime wherever.

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“There is no justification that will make yahoo yahoo acceptable. Contrary to the impression in some quarters, being a fraudster is not synonymous with creativity or being smart.. As students, you are expected to channel your creative energies into useful engagements and not get entangled in cheating others of their resources,” he mentioned.

Also talking, the EFCC Director of Public Affairs Department, Wilson Uwujaren mentioned the fee was on the college not solely to inaugurate Zero Tolerance Club but additionally to mobilise youths towards the ills of corruption.

Uwujaren mentioned, “The blessings that God has given Nigeria have not really translated into wealth for all of us. And for some of us who are a little bit older, we have cause to express worry about the future of our children and the future of our youths. This is why the EFCC is here today not only to launch a Zero Tolerance Club for you but to sensitise you on why it is important to embrace the fight against corruption,” he mentioned.

The membership, he additional defined, “is a platform of continuous conversation on why our nation has to fight and win the war against corruption”.

In his welcome handle, the Vice Chancellor of the University of Abuja, Prof Abdulrasheed Na’Allah, charged youths to be productive and keep away from doing something that will destroy the great title or picture of their households.

He additional tasked them to be productive like their counterparts within the developed nations the place skills are used for creativity and innovation slightly than indulging in web fraud. He counseled Olukoyede and the administration of the fee for locating the University of Abuja worthy of a Zero Tolerance Club.

In his presentation on the ills of cybercrime, the Assistant Commander of the EFCC, David Ife suggested youths to channel their vitality in the direction of productive and helpful functions for themselves and the nation at massive, mentioning that criminality provided no acquire to anybody.

The EFCC Head, Enlightenment and Reorientation, Aisha Mohammed, mentioned the essence of the launch of the membership in universities was to develop, nurture and empower future leaders to be proactive and be “Ambassadors of the commission through education and by guiding them to propagate the core-values of anti-corruption in their family, neighbourhood, schools, communities, societies and the country at large”.

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