The Economic and Financial Crimes Commission (EFCC) has made a significant move in the fight against financial crimes, returning a total of $120,548.43 and N70,602,841.46 to American, Spanish, and Swiss nationals who fell victim to fraud schemes perpetrated by Nigerian fraudsters.

The funds, recovered from convicted fraudsters, were returned to the victims as part of the EFCC’s commitment to justice and financial restitution.

This gesture demonstrates Nigeria’s resolve to ensure that financial crimes do not go unpunished and aligns with the Federal Government’s commitment to international collaboration in fighting financial crimes.

Olukoyede, the EFCC chairperson, emphasized that the handover process is within the confines of an international treaty, legal process, and convention.

He also appealed to other countries to reciprocate the same effort towards Nigeria, stressing that expediting the restitution of recovered assets is crucial.

This move by the EFCC is a significant step in the fight against financial crimes and demonstrates the commission’s dedication to combating cybercrime through sustained collaboration with international agencies.