EFCC under me recovered more funds than my predecessors - Magu boasts

Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has said that what he achieved within the last 11 months in terms of looted asset recovery surpassed the agency’s first 12-year record.


Mr. Magu made the fact known when a team of participants at the National Management Course of the Pakistani National School of Policy visited him in Abuja on Tuesday.

“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.

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

Mr. Magu was appointed acting chairman of the EFCC on November 9, 2015, making him the fourth helmsman of the commission.

On June 4, the Federal Government released a list of recovered stolen funds broken down as N78 billion, $185 million dollars, 3.5 million pounds and 11,250 Euros.

According to the government, the funds were recovered between May 29, 2015 and May 25, 2016.

The leader of the eight-man delegation and director at the NSP, Irum Bukhari, said the visit was to enable the team to learn from EFCC.

“We want to know your composition, your success stories and the laws that govern your activities as we also strive in our country to fight corruption, extremism and terrorism,” he said.