The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu on Thursday February 9 confirmed the recovery of massive stolen funds in the past two weeks.
He said $9.75 million and £750,000 were recovered from a residence in Kaduna state as well as N1.25 billion which was recovered from a public servant.
He said that all the monies were recovered within two weeks.
Magu stated this in a report he presented to the House of Representatives Committee on Financial Crimes during the 2016 budget performance appraisal and defence of 2017 budget before the committee.
He said the commission recovered N102.91 billion, 8.30 million dollars, GBP 29,155, 12,475 pounds, 117,004 Canadian dollars as proceeds of crime between January and December, 2016.
Other monies recovered during the period, he said, were 806.50 Dirham, 5,000 Francs and 2,000 Rupees.
Out of the 37 accounts frozen/forfeited, six banks are yet to provide relevant information on the amount accrued into the suspected accounts within the period under review.