LAGOS: Nigeria’s economic crimes commission said it recovered nearly $500 million in proceeds of crime last year and secured more than 4,000 criminal convictions, its highest since the agency’s inception more than two decades ago.
Africa’s biggest energy producer, Nigeria has struggled for decades with endemic corruption, which many Nigerians say contributes to widespread poverty in the country.
The Economic and Financial Crimes Commission (EFCC), which investigates and prosecutes corruption in Nigeria, said in a report on Monday that some of the recovered money was reinvested in government projects.
Nigeria is ranked 140 out of 180 on Transparency International’s latest Corruption Perception Index.
Besides cash, the EFCC said it also seized 931,052 metric tons of petroleum products, 975 real estate properties and company shares.
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Nigeria’s anti-graft agency recovers nearly $500 million in one year
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Nigeria’s anti-graft agency recovers nearly $500 million in one year
- Nigeria is ranked 140 out of 180 on Transparency International’s latest Corruption Perception Index
China fires rockets in military drills in Taiwan Strait: AFPTV Live
PINGTAN, China: China fired rockets in the Taiwan Strait on Tuesday morning, AFP footage showed, as a second day of live-fire drills kicked off around the self-ruled island.
AFP journalists in Pingtan — a Chinese island that is the closest point to Taiwan’s main island — saw a volley of rockets blasting into the air at around 9am (0100 GMT), leaving trails of white smoke.
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