The acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has said that the collaborative operations between the Commission and the Federal Bureau of Investigation, FBI, tagged “Operation Rewired” have led to the recovery of the sums of 169,850 dollars as well as the sum of 92 million naira from suspected perpetrators of computer-related frauds.

Magu said the operations had resulted in the arrest of 167 Nigerians for alleged computer-related frauds and recovery of four exotic cars, plots of land in choice areas in Lagos and a property in Abuja.

Speaking at a joint FBI/EFCC media briefing in Lagos, September 10th, 2019, Magu, who spoke through Mohammed Umar Abba, Director of Operations, EFCC, said “being an international model operation targeted at the varied forms of computer-related frauds, the EFCC/FBI collaborative operations spanning three weeks was designed to intercept and interrupt the global network of the internet fraudsters.

However, before now, as you are all aware, we had relentlessly launched intensive investigative actions against the infamous Yahoo yahoo boys culminating into various strategic raids, onslaught on criminals’ hideouts, prosecutions and convictions”.