EFCC Returns $225,895, ₦62.79million To US, South African V!ctims Of Fraud
EFCC Returns $225,895, ₦62.79million To US, South African Victims Of Fraud
The restitution was carried out during a ceremony held in Abuja on Friday, March 13.
The Economic and Financial Crimes Commission (EFCC) has said it handed over a total of $225,895 and ₦62,790,000 recovered from fraud cases to victims in the United States and South Africa.
The restitution was carried out during a ceremony held in Abuja on Friday, March 13.
According to the anti-graft agency, the funds were recovered through investigations into cross-border financial crimes and were returned to the victims as part of efforts to ensure justice and restore confidence in international cooperation against fraud.
The handover ceremony was presided over by Mohammed Hammajoda, Secretary to the EFCC.
Representatives from the victims’ countries attended the event, including FBI Assistant Law Enforcement Attaché Mike Fukuda and South Africa’s Acting High Commissioner to Nigeria, Lindi Mminele.
During the event, Hammajoda described corruption as a global challenge that requires joint action among countries.
He emphasised that financial crimes often cross national borders and that international collaboration is essential to combat such activities effectively.
Part of the recovered funds was returned to several victims in the United States.
The FBI representative received $7,440 for Drago Boskovic, $15,000 for Anh Ngoc Nguyen and others, and $175,895 alongside ₦62,790,000 for Holly Ngo.
Additionally, $50,000 was handed over to representatives of Ennis-Flint Africa Limited, a South African company affected by fraud.
Officials from both countries praised the EFCC for its efforts in asset recovery and restitution. They described the agency as a key partner in international cooperation against financial crimes and commended its commitment to ensuring victims receive compensation.
The EFCC stated that returning recovered funds to victims remains a central part of its anti-corruption strategy, adding that continued cooperation between Nigeria and international law-enforcement agencies will help strengthen the global fight against fraud.
