The Economic and Financial Crimes Commission, EFCC, said it secured a record-breaking 4,111 convictions in 2024 alone.

The information is based on the EFCC’s 2024 statistical report, made available to journalists, weekend.
The record marks EFCC’s highest number of convictions and the largest single-year asset recovery in the agency’s history since its establishment in 2003.

The report said that the anti-graft agency received 15,724 petitions and investigated 12,928 cases across all zonal directorates in Nigeria.

Of these, 5,083 cases were filed before various courts.

The statistics revealed that advance fee fraud, money laundering, and cybercrime were the most prevalent offences.

It said that the high volume of cases was attributed to rising unemployment, the quest for quick wealth among youths, a large informal economy, and weak regulatory frameworks.

The report stated that the 4,111 secured convictions were recorded across 15 states, including the EFCC headquarters in Abuja.

While the Lagos Zone had the highest number of convictions at 685, followed by Enugu with 516, Maiduguri recorded the lowest number of convictions at 95.

The EFCC said it also recovered significant sums during the year under review

“Such monetary recoveries include N364.6 billion; $214. 51 million; 54,319 euro; 31,265 euro; CAD$2,990 and AUD $740.00.

“ Others are CFA7,821,375, UAE Dirham 170, Riyals 5,115, W73,000, 105 Yen, GH¢225 and Rand 50.”
It said EFCC also secured the forfeiture of over 750 duplexes and apartments to the Federal Government, marking the largest single asset recovery in its history.




https://www.vanguardngr.com/2025/03/efcc-secures-4111-convictions-biggest-asset-recovery-in-2024/