EFCC Explains what They Do with Recovered Funds From Convicted Persons and Organizations

 The Economic and Financial Crimes Commission has clarified Nigerians on what they do with recovered stolen funds. According to the EFCC,...

 The Economic and Financial Crimes Commission has clarified Nigerians on what they do with recovered stolen funds. According to the EFCC, they are not chopping these monies and they are doing the needful by returning them to the rightful owners.

On a FAQ section on their website, they wrote:

Monies recovered are returned to the rightful owners. It could be an individual, organisation or the state. In the case of the State, the monies are paid into the Consolidated Revenue Fund of the Federation.