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Acting Chairman of the Economic and Financial Crimes Commission
(EFCC), Ibrahim Magu, is briefing the House of Representatives on
the efforts made so far in the recovery of looted funds.

Mr Magu appeared at a budget defence session convened by the
House of Representatives Committee on Financial Crimes on Monday at
the National Assembly in Abuja.

He briefed the lawmakers on the performance of the 2017 Budget
of the anti-graft agency, as well as its budget for 2018.

On funds retrieved by the EFCC in 2017, Magu said total asset
recoveries amount to more than N473billion, $98million, €7million,
and £294,000 among others.

More to follow…

Acting Chairman of the Economic and Financial Crimes Commission
(EFCC), Ibrahim Magu, is briefing the House of Representatives on
the efforts made so far in the recovery of looted funds.

Mr Magu appeared at a budget defence session convened by the
House of Representatives Committee on Financial Crimes on Monday at
the National Assembly in Abuja.

He briefed the lawmakers on the performance of the 2017 Budget
of the anti-graft agency, as well as its budget for 2018.

On funds retrieved by the EFCC in 2017, Magu said total asset
recoveries amount to more than N473billion, $98million, €7million,
and £294,000 among others.

More to follow…

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