The Economic and Financial Crimes Commission (EFCC) has returned millions in recovered funds to victims of fraud in the United States, Spain, and Switzerland.
At an event in Abuja, the commission handed over a total of $132,362.43 and ₦78,566,324.81, alongside vehicles and property documents, to representatives of these countries for restitution.
EFCC Chairman Ola Olukoyede reiterated the agency’s commitment to ensuring that recovered assets reach their rightful owners. He also urged foreign nations holding funds linked to Nigerian financial crimes to return them, emphasising the importance of international cooperation in fighting economic fraud.
During the event, Spanish envoy Maria Velasco received confirmation of funds returned to a victim in Spain, while Swiss representative Florent Geel collected over $100,000 for another affected individual.
Charles Smith, Legal Attaché at the U.S. Embassy, accepted various assets, including Bitcoin, on behalf of American victims.
A residential property in Kaduna was also transferred to U.S. authorities for restitution.
Smith praised the EFCC’s dedication to victim restitution, noting that returning stolen assets helps provide closure.
Velasco also acknowledged the growing partnership between Nigeria and Spain in combating financial crimes.
