EFCC has recovered more loots in the last 11 months – Magu

The Economic and Financial Crimes Commission (EFCC) on Tuesday said it has surpassed a 12-year record in terms of recovery of looted funds in the last 11 months.

This was disclosed by the commission’s chairman, Ibrahim Magu when a team of participants at the National Management Course of the Pakistani National School of Policy visited him in Abuja.

“We have achieved a lot in terms of recovery of looted funds and property in the past 11 months more than was achieved in the last 12 years of the existence of the commission.

“We have had many challenges but for me, my main motivation is the political goodwill we enjoy,” Magu said in a statement.

“My men are determined and committed to work. Most importantly, the government is also ever ready to support us,” he added.

The Federal Government in June had disclosed that  N78 billion, $185 million dollars, 3.5 million pounds and 11,250 Euros were looted funds recovered so far.

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