EFCC lost 41 cases to suspects in 2022--- Bawa






Mr. Abdulrasheed Bawa, Executive Chairman of EFCC




By Editor



April 20, 2023





The authorities of the Economic and Financial Crimes Commission (EFCC) on Thursday said it lost only 41 cases representing 1.07 percent to suspects in 2022.

DailyMonitorngr reports that the commission, however, said it recorded 98.93 percent success rate in prosecution of suspects within the period.

Mr. Abdulrasheed Bawa, Executive Chairman of the anti-graft agency made the disclosure in Benin City during a one-day training on effective reporting of economic and financial crimes for journalists in Edo state.

Bawa represented by the Zonal Commander of the Benin Zonal Office, Kanu Idagu added that the  commission secured 3785 convictions in 2022, representing a 70.5 percent improvement over its record for 2021, which was 2220 convictions.

The EFCC boss also opined that conviction figures from economic and financial crime prosecutions in 2023 are already rising across the various commands of the commission.

While describing the feat as significant, not only for the commission, he noted that it was also for the entire nation, as conviction figures are indications  of the effectiveness of the war against graft. 

Declaring the workshop open, he explained that the event was one of the modest efforts of the commission to build synergy and strengthen media understanding and appreciation of the work of the Commission. 

He posited that the workshop in Benin City was a continuation of a series that began a few years ago, just  as he added that  four of such were held in some Zonal Commands and the Headquarters in 2022.

According to him, over the years, the media has been one of the commission’s most critical stakeholders in the fight against corruption. 
 
"Let me use this opportunity to commend the professional and patriotic efforts of the Fourth Estate of the Realm in beaming searchlights not only on the works of the EFCC, but on all shades of economic and financial crimes.
  
"The robust reporting of the activities of the commission has been quite helpful", he said.

Bawa, assured that the agency remained committed to its mandate of tackling all forms of economic and financial crimes across the country.

He, however, urged journalists to up their ante in the area of investigative reporting as an important allies in the anti-graft war.

He also urged the media to offer
the leads into uncharted areas where economic and financial crimes may be taking place.

He enlightened the trainees that the Money Laundering (Prevention and Prohibition) Act 2022 has become a new mechanism for the fight against money laundering practices in the country.

"This, and the Terrorism (Prevention and Prohibition) Act 2022 were fresh legal armaments against illicit financial flows.

"Nigerians need to be more informed about these important legislation; hence the workshop to crave the indulgence of pen pushers to step up active reporting of these laws",he stated.

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