EFCC secures 2,210 suspects’ convictions in eight months
EFCC Chairman, Abdulraheed Bawa1

The Economic and Financial Crimes Commission, on Wednesday, declared that it has convicted a total of 2,210 suspects involved in economic and financial crimes between January 1, 2022, to August 5, 2022.

This was made known by the Executive Chairman of the anti-graft commission, Abdulrasheed Bawa, during a workshop with journalists titled, “Effective Reporting of Economic and Financial Crimes,” held at the EFCC’s Headquarters, in Abuja.

This came about eight months after the EFCC announced that it secured a total of 2,220 convictions across all its Commands in 2021.

The PUNCH had reported that it was the highest conviction secured by the anti-graft agency since its inception, a 127.5 per cent improvement from the 1,280 convictions recorded by the agency in 2019.

Speaking at the workshop, Bawa said, “Some of you will recall that at the end of 2021, the commission announced that it recorded a total of 2220 convictions. I am pleased to inform you that we are poised to improve on that figure as the record of convictions as of August 5, 2022, was 2210

“However, one achievement which most of you may not easily recognise is the impact which EFCC’s intervention in the Forex market has had on the value of the Naira. From well over N710 to the Dollar, following the Commission’s intervention, the Naira has appreciated significantly against the Dollar in the Parallel market, and we are not relenting in our efforts to check harmful speculative activities in the sector.

“I urge you to also beam your searchlights on this area as it is in our collective interest to have a national currency whose value is not subject to the whims of crooked speculators. The decision of the Commission to sponsor this workshop underscores the importance that it attaches to the role of the media in the fight against economic and financial crimes, including corruption.

“Without doubt, the media’s ability to inform and sensitize the people on the ills of corruption and economic crime is crucial for us. So far, the media has been helpful. If nothing else, the Commission enjoys the visibility that makes it the reference point for effectiveness in law enforcement in Nigeria.

“This event is, therefore, one of the interventions by the Commission to improve the capacity of the media to deliver on its constitutional mandate as the Fourth Estate of the Realm.