EFCC Boss To Nigerians Abroad: Join The War Against Dirty Money Nigerians React

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has called on Nigerians in the diaspora to actively support the nation’s anti-corruption drive by reporting and helping trace illicit financial transactions linked to stolen public funds.....KINDLY READ THE FULL STORY HERE▶

Olukoyede made the appeal on Monday, November 3, 2025, while speaking at the Canada-Nigeria Legal Exchange Forum held at the Intercontinental Toronto Centre. The event was organised by the Canadian Association of Nigerian Lawyers (CANL).

According to him, the EFCC’s fight against corruption continues to face serious challenges, including prolonged trials of politically exposed persons and the complicity of some foreign institutions in laundering stolen Nigerian funds.

He lamented that the slow repatriation of looted assets and the involvement of professionals in financial crimes have further undermined progress in recent years.

To address these issues, the EFCC chairman revealed that several internal reforms had been introduced to strengthen transparency, accountability, and discipline within the Commission.

Among the new initiatives are the Gift Policy, Exhibit Room Security Policy, and Sting Operations Policy, all designed to curb internal misconduct.

Olukoyede also disclosed that the EFCC had elevated its zonal commands in Lagos, Ekiti, Katsina, and Anambra to zonal directorates to enhance operational efficiency and provide clearer promotion pathways.

In addition, the Department of Internal Affairs has been restructured and renamed the Department of Ethics and Integrity, reinforcing the Commission’s commitment to accountability. All EFCC staff members, including the chairman himself, have also been required to declare their assets.

Highlighting recent achievements, Olukoyede announced that the EFCC secured 7,503 convictions and recovered ₦566 billion and $411 million within two years. The Commission also seized over 1,500 properties, including 753 duplexes in Abuja’s Lokogoma area and the Nok University in Kaduna, which has been converted to the Federal University of Applied Sciences.

He noted the establishment of new specialised units such as the Fraud Risk Assessment and Control Department, Digital Transformation and Innovation Unit, and International Asset Tracing and Recovery Unit, to combat evolving threats like cyber fraud, international money laundering, and visa scams.

Olukoyede urged Nigerians in Canada to take a proactive stance by reporting suspicious financial activities, warning that indifference could reverse the gains made in the anti-corruption campaign.

He further revealed that the EFCC is deepening cooperation with global partners, including the Royal Canadian Mounted Police and law enforcement agencies in Spain, Germany, and South Korea, to bolster international asset recovery efforts.

According to him, recovered funds have been redirected to key social and economic initiatives, such as the Student Loan Scheme, Consumer Credit Scheme, and critical national agencies like NDDC, AMCON, FIRS, and the National Health Insurance Authority (NHIA).

Olukoyede concluded by emphasising that the success of the anti-corruption war depends on the joint efforts of Nigerians at home and abroad, stressing that “protecting the nation’s wealth and image is a collective responsibility.”