The acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has disclosed that the agency is collating comprehensive data on the Nigerians indicted in the recently busted money laundering offences in the United States.
Eighty suspects, most of whom were Nigerians, were allegedly involved in the crimes investigated by the Federal Bureau of Investigation, FBI, in the U.S.
Magu who spoke through the Zonal Head of the Ibadan zonal office, Friday Ebelo, during a press conference held at the Commission’s Ibadan office, said the massive data collection was part of the collaborative activities between the EFCC and FBI to ensure that criminal elements are exposed and made to pay for their crimes.
According to him, the essence of the data mining exercise was to establish any form of relationship the indicted individuals may have with the Nigeria-based crime suspects, and how this could help in furthering the fight against economic and financial crimes in the country.
He said some of the information earlier collected has led to the arrest of many internet fraudsters, adding that one of the kingpins was nabbed during a recent raid in Ado-Ekiti, Ekiti State.
The kingpin Ajayi Gbenga Festus, he added, was found to be deeply involved in many internet-related frauds from which he had benefited up to N75 million in the last eight months.
“We were able to establish several illicit transactions through his Nigerian bank account amounting to over N223 million. Ajayi serves as a conduit pipe through which proceeds of crime reach members of the syndicate,” he stated.
Ebelo also disclosed that in the year, the zone had arrested 263 suspects for cybercrimes among whom 111 were convicted.
Apart from the landed properties, vehicles, laptops and other valuables forfeited on the order of a court, vast sums of money in local and foreign currencies traced to internet fraud were also recovered.