In a video posted on Symfoni TV from 3:09, the chairman of Economic Financial Crimes Commission, Ola Olukoyede revealed that the company had successfully recovered approximately 250 billion naira in cash, along with tens of millions of dollars and pounds, as well as other currencies, within a year.
Acknowledging the complexity of investigating and prosecuting financial crimes, Olukoyede emphasized the significant effort required to recover substantial amounts, stating that recovering even 1 billion naira is a considerable challenge.
Olukoyede’s statement sheds light on the intricate process and dedication needed to combat financial crimes and retrieve stolen funds within the company.
According to Ola Olukoyede, “Between October last year and October this year, we’re able to recover about 250 billion naira in cash, tens of millions of dollars, tens of millions of pounds as well, and other currencies. Now, the question is, how did that happen? If you understand the way we work and the intricacies involved in financial crimes investigation and prosecution, you will discover that to recover 1 billion is war.”