President Bola Tinubu has praised the Economic and Financial Crimes Commission (EFCC) for its record-breaking achievements in the fight against financial crimes.
Speaking through Vice President Kashim Shettima in Abuja, Tinubu urged stronger collaboration among all stakeholders to sustain the anti-corruption campaign.
He spoke at the opening of the 8th EFCC/National Judicial Institute workshop for judges and justices on tackling economic and financial crimes in the digital age.
Tinubu commended the EFCC for its success in fighting cryptocurrency fraud and recovering virtual assets.
He said the commission had shown its readiness to stay ahead of criminals using modern technology.
The President disclosed that the EFCC filed 14,476 cases and secured 10,872 convictions in the last 34 months, with a 75.1 percent conviction rate.
He added that the commission also recovered more than ₦1.233 trillion, 684 million dollars, £373,905 and €9.34 million in stolen assets.
Tinubu also praised the successful prosecution and deportation of 192 foreigners arrested for cyberterrorism and cryptocurrency fraud.
He warned that financial crimes powered by artificial intelligence and blockchain technology require continuous training for investigators, prosecutors and judges.The President assured the judiciary of the Federal Government’s support while stressing the need for speedy and fair handling of corruption cases.
EFCC Chairman Ola Olukoyede said the commission was improving intelligence-led investigations, forensic capabilities and international cooperation to secure stronger convictions.
Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun, called on judges to strengthen their capacity to handle digital financial crimes while protecting fair hearing, due process and judicial independence.
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