The Economic and Financial Crimes Commission (EFCC) secured 890 convictions from cases prosecuted between January and October 2019, its acting chairman said on Thursday.
Ibrahim Magu, who disclosed this at a special town hall meeting on the fight against corruption organised by the Federal Ministry of Information and Culture and the National Orientation Agency (NOA) in Abuja, said the number was one of the highest in the world.
“It is not propaganda as it is open to verification by interested persons,” he told the gathering.
The EFCC chairman said the commission recorded 103 convictions in 2015, 189 in 2016, 190 in 2017 and 202 in 2018.
He attributed the increase in 2019 to the support and activities of the Presidential Advisory Committee against Corruption (PACAC).
Magu said the opening of nine additional regional offices for wider outreach and collaboration with judges had also contributed to the increase in the number of convictions.
He said the assets recovery initiative of the Federal Government aimed at preventing corrupt persons from enjoying proceed of crimes had created an avenue to channel recovered fund into national development.
According to him, billions of naira had been recovered and channeled towards national development in this regard.
Magu said the fight against corruption was collective responsibility that could only be won through collective efforts.
He said corruption had eaten deep into all sectors of the economy and had remained major challenge hindering Nigeria from attaining its potentials.
He said: “In the last four years, with the political will of President Muhammadu Buhari, we have embarked on enforcement and preventive measures against corruption with a view to tame the monster.
“With the preventive, enforcement and prosecution mandate given to the Commission, all that is needed is the combination of courage, integrity and determination.
“Over the last four years, the EFCC has initiated various corruption prevention strategies targeted at the vulnerable segment of the population, children, youths and women with the delivery of anti-corruption messages.
“The focus on corruption, prevention is in the commission’s recognition that it is more cost-effective to prevent corruption than to prosecute.”
Latest posts by Ripples Nigeria (see all)
- 10 top stories from Nigerian newspapers Saturday morning, February 22, 2020 - February 22, 2020
- Attacks on judges eroding independence of the judiciary —Rights Commission - February 22, 2020
- DIRI Vs LYON: IYC hints on plans to attack Bayelsa - February 22, 2020