The acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has disclosed that the collaboration between the Commission and the Federal Bureau of Investigations, FBI, has led to the recovery of the sums of $314,000 (Three Hundred and Fourteen Thousand US Dollars) and about N373,000,000 (Three Hundred and Seventy-three Million Naira) from perpetrators of computer-related frauds.

Magu said while the sum of $314,000 had been recovered, the sum of N373m had been traced to various commercial banks by the Lagos Zonal office of the Commission. He also disclosed that the recent joint operations coordinated by the Commission had yielded 28 arrests, adding that 14 suspects had been charged and convicted.

The EFCC Chair further stated that “nine of the suspects are currently undergoing trial, while five are still under investigations. “Over 80 cases are still under investigation from the EFCC-FBI joint operations.”

Speaking during a media briefing in Lagos on Tuesday, August 27, 2019, Magu, who spoke through Mohammed Rabo, Zonal Head, EFCC, Lagos, added that, the Lagos zone of the Commission, prior to the collaborative efforts with the FBI, had independently launched a sustained operation on perpetrators of various computer-related frauds.

He said: “From 2018 to date, the EFCC had launched a sustained operation on perpetrators of various computer-related frauds, which resulted in over 200 arrests, 130 convictions and recovery of a large number of exotic cars and properties suspected to have been acquired through the proceeds of crime. “We had independently launched intensive investigative actions against the infamous Yahoo yahoo boys culminating in various strategic raids and onslaught on their hideouts.

“Our efforts in this regard have recorded tremendous successes leading to a number of arrests, prosecutions and convictions.”

https://all-gists..com/2019/08/fbi-list-weve-found-n486m-arrested-28-efcc.html

Useless comission.
We have found this
We have found that.
But we no dey see am.

Hmmn.
What's with EFCC and secrecy self?

FBI the other day listed names of all suspects, even their aliases. But as for our own EFCC, all we hear is numbers, "we have arrested 40, we are investigating 50"

Who are they?
How much was recovered from each?
Which bank was the funds traced to?

Don't just give us numbers.
Useless commission.

Mr Magu, make sure you build more prison, because you are also guilty.

Dear EFCC, una counterpart the FBI gave us names of suspects plus even their nicknames ooo why una come be figures na, abi dem no get names??

Contact me for your Gym and Exercise equipment both Home and Commercial Use

check my signature and profile for more info.

Delivery Within Lagos. Waybill outside lagos.

Adelaide2 your brothers are here again

Only God knows when this case will die down

e don happen

This EFCC self.

I just hope its not Nigeria government money these guy are try to give FBI to cover face like they are doing their work deligently..


EFCC that like showing off, why not give names of arrested people and their picture like they do always... Same efcc that declared they recovered money for money laundry at airport only for Union Bank to write them that its their money being conveyed by their staff.

By the way, what is EFCC-FBI joint operation... Very funny as if they instigated it...

All this money wey EFCC de retrieve from my brothers, how much una de remit to fed government?

sorextee:
Useless comission. We have found this We have found that. But we no dey see am.

guy sorry go to ikoyi tomorrow they will show you

Kudos...

E remain those bet9ja scammers and MTN airtime multipliers for Nairaland...

EFCC do something please!

sorextee:
Useless comission.
We have found this
We have found that.
But we no dey see am.

I'm sorry, are they to report to you?

please what is difference between EFCC commission and SARS commission?.

onetouchconcept:
Hmmn.
What's with EFCC and secrecy self?

FBI the other day listed names of all suspects, even their aliases. But as for our own EFCC, all we hear is numbers, "we have arrested 40, we are investigating 50"

Who are they?
How much was recovered from each?
Which bank was the funds traced to?

Don't just give us numbers.
Useless commission.

useless commission abi? Try fraud first before u see how your uselessness would be opened to your face like a map of the world. Your eyes go clear

Na una go find na una go still loot am
bleeped up country

sorextee:
Useless comission.
We have found this
We have found that.
But we no dey see am.

WAEC why?

k

CheapDataGuy:
Dear EFCC, una counterpart the FBI gave us names of suspects plus even their nicknames ooo why una come be figures na, abi dem no get names??

Eboes will say EFCC is being tribalistic

Foolish EFFC give names not numbers.... Una no dey change? Shame shame shame

this thing go spoil Shipobu evening

I don’t believe. You mean they’ve gotten 28 of those 79 guys? This is not true. Ask them for pictures, they’ll say them no wan tamper with the investigation. Same thing FIRS did with tax return. Ask for Ikoyi apartment owners, them no know. Useless agency

IPOB kwenu

these days EFCC no come play o.

If magu becomes governor of any state the state own don't better, cause the state will be managed well.

EFCC: How we knew is a criminal is that he has dreads and tattoo over his/her body.
FBI: we had to study his/her activities conduct forensic check on his emails and social media accounts.

Las las
U go hear
' ALL FUNDS HAS BEEN fORFEITED TO THE FEDERAL GORVERNMENT'
Who be the bastard federal government
Na man or woman?