2021Eventinferred
Nigeria asset-recovery disbursement gap (2021–2022 ledger)
Aggregate departmental ledger from EFCC's Proceed of Crime (Asset Recovery & Management) Department shows a structural disbursement gap on non-cash assets even as cash recoveries are largely returned.
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2021
Nigeria asset-recovery disbursement gap (2021–2022 ledger)
Aggregate departmental ledger from EFCC's Proceed of Crime (Asset Recovery & Management) Department shows a structural disbursement gap on non-cash assets even as cash recoveries are largely returned.
What happened
Aggregate departmental ledger from EFCC's Proceed of Crime (Asset Recovery & Management) Department shows a structural disbursement gap on non-cash assets even as cash recoveries are largely returned. 2021: 31 buildings recovered, 2 returned; 13 vehicles, 0 returned; 6 plots, 0 returned. 2022: 323 buildings recovered, 0 returned; 19 plots, 0 returned; 7 vehicles, 0 returned. Cash side (2021 ₦28.96B / ₦27.47B returned; 2022 ₦59.73B / ₦58.20B returned) is far healthier — the gap is concentrated in real estate, vehicles, and other physical assets.