EFCC Arrests 17,000 Suspected Fraudsters in 22 Years
The Economic and Financial Crimes Commission (EFCC) revealed the arrest of 17,000 suspected fraudsters over its 22-year existence. At a workshop in Kano, EFCC emphasized the need for collaboration with Civil Society Organizations (CSOs) and journalists to combat financial crimes effectively.
Despite the arrests, financial crimes continue to rise due to loopholes in the system, prompting the EFCC to adopt preventive strategies across government agencies. The EFCC highlighted that 90% of corruption cases in Nigeria occur in procurement processes, urging vigilance and active participation from the media and CSOs in fighting corruption.
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