EFCC recovers N553m stolen funds from Politicians in South East


    The Economic and Financial Crimes Commission (EFCC) has said it has recovered N553.77million from corrupt politicians in the South East. The Zonal Head of Operations of the commission, Johnson Babalola, made this disclosure at a news briefing on Tuesday in Enugu.

    Babalola said the news briefing was held to acquaint members of the public on the activities of the commission in the past seven months. He said that the recovered funds were part of the public funds the Peoples Democratic Party illegally appropriated to itself to prosecute the 2015 general elections in the zone.

    He said that the commission recovered N300 million, N82.5 million and N60 million from chieftains of the party in Ebonyi, Abia and Enugu States respectively.

    Babalola said: “We have recovered N300 million out of N400 million in Ebonyi. In Abia, we recovered N82.5 million out of N450 million while we got N60 million in Enugu out of N450 million.

    “However, we are facing some challenges in Anambra and Imo but the commission is working on them.”
    Babalola said that the commission had resolved to prosecute all staff of the Independent National Electoral Commission in Imo, Anambra and Enugu found culpable as soon as the courts resumed from vacation.

    He said: “Within the period, we received a total of 503 petitions from Nigerians out of which 333 were approved for investigation while others not under our the purview of the EFCC were referred to sister agencies.

    “We charged 88 of such cases to court and have so far obtained five convictions.”

    Babalola also said that the judiciary had been of immense help in line with its constitutional mandate in spite of the antics of the suspects.


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