The Economic and Financial Crimes Commission (EFCc) has transferred a total of $180,300 and 53 vehicles, stolen from Canadian citizens by certain Nigerians, to the Royal Canadian Mounted Police.
During the signing ceremony for the restitution of the recovered assets on Friday, September 6, the Executive Chairman of the Commission, Ola Olukayode said that the Canadians had fallen victim to cybercrimes.
He highlighted that the recovery and return of these assets underscored the commission’s dedication to combating financial crimes.
The EFCC Chairman further noted that this event highlighted the importance of international cooperation in addressing financial and various other types of crime.
He said, “This is an occasion we are using to demonstrate our commitment to fighting financial crimes and to also collaborate with other countries and agencies around the world. It’s common knowledge that financial crimes have taken a new turn all across the globe.
“It has become a global problem. The people who perpetrate these crimes do so in a way that shows their activities are borderless and barbaric.
“They employ various means to ensure they move across jurisdictions. That’s why it has become very necessary and imperative for us to collaborate with our friends across the world.
“Most countries are collaborating with us in the fight against financial crimes. What you are witnessing today is a demonstration of that reinforced commitment. The Royal Canadian Mounted Police has been collaborating with us.
“This collaboration has resulted in many recoveries and the impact of joint operations.”
The anti-graft agency chairman further noted that although the operations spanned several years, they ultimately led to significant recoveries.