HALISTER1: Nigeria’s Anti-Graft Body Recovered $1.2b Stolen Funds This Year

Nigeria’s Anti-Graft Body Recovered $1.2b Stolen Funds This Year

(Bloomberg) -- Economic and Financial Crimes Commission secured 137 court convictions of individuals accused of corruption between Jan. and Aug., agency spokesman Wilson Uwujaren says in emailed statement.
  • “The potentials for improvement are good as more cases are brought to conclusion in the remaining four months of the year”
  • EFCC seized properties, recovered stolen wealth from people including a former Nigerian petroleum minister and oil marketers
  • NOTE: Aug. 10, Nigerian Graft Agency Traces $615 Million to Ex-Oil Minister (1)
To contact the reporter on this story: Elisha Bala-Gbogbo in Abuja at ebalagbogbo@bloomberg.net To contact the editors responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net Sophie Mongalvy

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Source: BFW (Bloomberg First Word)

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