Chairman of the Economic and Financial Crimes Commission, Mrs Farida Waziri, has disclosed that the commission recovered #975 billion from economic crimes between june 2008 and march 2011.

Mrs Farida who made the disclosure in a document presented at the National Assembly interactive session in Abuja said the amount totals recoveries made by the commission from stolen wealth from both the private and public sector.

She, however, did not mention the individuals and the organisations from whom the recoveries were made.

The document she presented shows that #650 billion was recovered from perpetrators of economic crimes in the banking sector. Another #3.5 billion from taxation, while the sum of #150 billion was recovered from local and foreign firms.

[b][/b]I just wonder where this money went afterall, quoting billions of naira recovered without anything to show for it.

Let us use the FOI bill to test this issue. This should be the first course of action. . EFCC must provide supporting evidence of what happened to the money.