The Economic and Financial Crimes Commission (EFCC) has returned $180,300 and 53 vehicles to the Royal Canadian Mounted Police (RCMP), marking a significant victory in the global fight against financial crimes.

The assets were recovered from Nigerians who defrauded Canadian citizens through cybercrime schemes.

At a handover ceremony, EFCC Chairman Ola Olukoyede emphasised the importance of international collaboration in tackling cross-border crimes.

“What you are witnessing today is a demonstration of our commitment to fighting financial crimes. It has become a global problem, and those who engage in these activities exploit borderless jurisdictions,” he said.

Olukoyede acknowledged that while the operation took several years, the recoveries were substantial.

“This collaboration with the RCMP has resulted in many recoveries. Today, we are witnessing the handover of these assets recovered on behalf of Canadian victims,” he stated.

Among the recovered assets were $164,000 from a victim identified as Bogomas Elena and $16,300 from another victim, Sandra Butler.

Olukoyede reaffirmed Nigeria’s stance on financial crimes, stating, “The Nigerian government does not tolerate financial crimes. We will pursue, investigate, recover, and ensure victims are restituted.”

Providing context, Micheal Wetkas, Zonal Director of the Lagos Directorate, explained that the collaboration with Canadian authorities began in 2012, leading to the recovery of stolen vehicles in an operation dubbed ‘Operation Hot Wheels.’

Robert Aboumitri, Premier Secretary and Deputy High Commissioner of Canada, praised the EFCC’s professionalism and efforts.

“This partnership is highly valued, and we look forward to elevating it to the highest level,” he noted.