The Economic and Financial Crimes Commission (EFCC) recovered N1.23 trillion and $684.48 million in proceeds of crime between October 2023 and July 2026, the agency’s chairman, Ola Olukoyede, has said.

Mr Olukoyede made this disclosure on Monday during a media briefing with journalists in Abuja.

He explained that out of recovered proceeds, N397.26 billion was recovered directly for the federal government.

The remaining N836.35 billion went to individuals, companies, government agencies and other beneficiaries.

The report covered 34-month under the leadership of Mr Olukoyede, comprising the commission’s investigations, prosecutions, convictions, asset recovery and institutional reforms since he took over as chairman.