EFCC Restitutes $132,362, N78.5m to Foreign Fraud Victims
The Economic and Financial Crimes Commission (EFCC) has returned $132,362.43 and N78,566,324.81 to fraud victims from the US, Spain, and Switzerland, reaffirming Nigeria’s commitment to combating financial crimes and ensuring justice for victims.
EFCC Chairman Ola Olukoyede led the restitution ceremony at the agency’s headquarters in Abuja, highlighting the Federal Government’s resolve under President Bola Tinubu to fight corruption and foster global cooperation.
Recovered assets included cash, vehicles, and real estate. Representatives from the US, Spain, and Switzerland received the funds and assets on behalf of their citizens, praising Nigeria’s efforts.
The Spanish Acting Ambassador, Maria Higon Velasco, expressed gratitude for the collaboration, while Charles Smith from the FBI lauded the EFCC as a “global contender” in combating financial crimes.
Swiss envoy Florent Geel commended the partnership, calling it a step toward a safer digital environment.
The restitution is seen as a significant step in boosting Nigeria’s international credibility and investor confidence.
The Ministry of Foreign Affairs also hailed the initiative, affirming its alignment with President Tinubu’s anti-corruption drive.
