The Acting Chairman, Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has said that the country has recovered N500 billion and secured 486 convictions since he took over in November 2015 till date.

He made this known at the commissioning of the commission’s new head office in Abuja on Tuesday.

“In 2018 alone, we have secured 89 convictions. Thus so far, we have secured 486 convictions from November 2015 till date. We have recovered funds in different currencies and, so far, we have recovered more than N500 billion.

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“The recoveries meant for the Federal Government are duly remitted to its account while recoveries for individuals and private institutions are equally paid to them in accordance with the law.