Anti-corruption and elections / EFCC
Internet Fraud: $314,000, N373m Recovered Through EFCC-FBI Collaboration-Magu
The acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has disclosed that the collaboration between the Commission and the Federal Bureau of Investigation, FBI, has led to the recovery of the sums of $314,000( Three Hundred and Fourteen Thousand US Dollars) and about N373,000,000.00( Three Hundred and Seventy-three Million Naira) from perpetrators of computer-related fraud. Magu said while the sum of $314,000 had been recovered, the sum of N373m had been traced to various commercial banks by the Lagos Zonal office of the Commission. He also disclosed that the
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