The Economic and Financial Crimes Commission, EFCC, South East Zone, says it has secured 14 convictions in the corruption cases it is investigating in the zone.
The South East Zonal Head of the commission, Mr. Johnson Babalola, stated this while briefing the media on the achievements recorded by the EFCC at its zonal headquarters, Enugu, on Wednesday.
Babalola said the commission is currently investigating 522 cases in the zone out of which it has concluded investigations in 36 and charged them to various courts.
He explained that commission has paid 130, 750 US dollars into the treasury of the federal government following the successful conclusion and prosecution of some of these cases in the zone.
Babalola said the EFCC in the zone has, in the course of its investigation, also recovered various sums of money in different currencies.
He listed the monies recovered to include: N244, 574, 587.20; USD955, 465; Euro 10, 000.00 and RMB 3, 588.
Mr Babalola also said that the EFCC was investigating some cases of public interest, including that against Mr. Patrick Nwokike, who collected N4billion from unsuspecting members of the public “in return for certain monthly percentages on the invested sum.”
He said the figure recovered from Nwokike, who operated with the business name:, ‘Let’s partner with you,’ was “from only two out of the twenty bank accounts identified and traced to the suspects. It is suspected that a larger percentage of the funds are stashed in offshore accounts.”
According to Babalola, the EFCC South East Zone received over 150 petitions on the “illegal financial dealings of the CEO and the company and has swung into investigation arresting the key suspect and the wife who is a co-signatory to the account.”
He also revealed that the EFCC investigations have led to the identification of three mansions and a multi-million naira warehouse belonging to Nwokike, which have been sealed.
Similar investigations are also ongoing in another company, Borec Services, whose Chief Executive Officer, Joshua Morah, was alleged to have been involved in defrauding over 30 petitioners to the tune of N9billion.
The EFCC zonal head said the commission was closing in on some politically-exposed persons in cases involving former governors and companies linked to serving governors.
He said the cases were at various stages.