The Federal Government has recovered over N200bn in final forfeitures of assets acquired illegally.
The Attorney-General of the Federation, Abubakar Malami, represented by Abiodun Ayodeji, an aide to the president on Financial Crimes, said this at the Special Town Hall meeting organized by the Ministry of Information and Culture in Abuja.
“Multiple amongst these are the $2.5m in partial recovery, we also $75m connected to the Malibu transactions,” he said.
Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, also said the EFCC had secured 890 convictions from January to October, 2019.
The Minister of Information, Lai Mohammed, said if the nation failed to check corruption, tackling insecurity and the revamping the economy would remain a mirage.
