Nigeria’s economic crimes commission said it recovered nearly $500 million in proceeds of crime last year and secured more than 4,000 criminal convictions, its highest since the agency’s inception more than two decades ago.
Africa’s biggest energy producer, Nigeria has struggled for decades with endemic corruption, which many Nigerians say contributes to widespread poverty in the country.
The Economic and Financial Crimes Commission (EFCC), which investigates and prosecutes corruption in Nigeria, said in a report on Monday that some of the recovered money was reinvested in government projects.
