There is controversy over the actual amount the Economic and Financial Crimes Commission under Ibrahim Magu has recovered in the war against corruption as Magu has been tackled by the Minister of Finance, Kemi Adeosun who is accusing the EFCC acting chairman of concocting figures which does not tally with the actual amount of money recovered from looters.
Recall that in May 2016, Minister of Information, Mr. Lai Mohammed, said government recovered N78.3 billion, $185 million, £3.5 million and €11,250. In addition, he disclosed that 239 non-cash recoveries were made with interim forfeiture amounting to N126 billion, $9 billion, £2.4 million and €303,399.
He also put anticipated repatriation of looted funds from offshore sources at $321.3 million, £6.9m and €11,826, the minister added.
