EFCC RETURNS ₦211.4M TO TWO VICTIMS OF PROPERTY FRAUD

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RismadarVoice Reporters
November 12, 2026

The Economic and Financial Crimes Commission (EFCC) has announced the recovery and return of ₦211.4 million to two victims of alleged property fraud in separate cases handled by its Benin Zonal Directorate.

The commission disclosed that the funds were handed over on Tuesday, November 10, 2026, by the Acting Zonal Director, Deputy Commander of the EFCC, Sa’ad Hanafi Sa’ad.

In the first case, the commission presented a bank draft of ₦195 million to Agofure Etadafe, who had petitioned the anti-graft agency in March 2026 over an alleged fraudulent land transaction.

According to the EFCC, Etadafe reported that three individuals, Adoni Ogbeni, Osaretin Hilda Ogbeni and Temple Jafaru, allegedly obtained ₦200 million from him under the pretence of selling a landed property in Effurun, Delta State.

The complainant reportedly discovered that the property legally belonged to another person after completing payment, making it impossible for him to take possession.

Following investigations, the commission recovered ₦195 million, representing a substantial portion of the money allegedly lost.

Presenting the draft, Sa’ad reaffirmed the EFCC’s commitment to recovering proceeds of financial crimes and ensuring that victims receive restitution.

Etadafe expressed appreciation to the commission, explaining that he had nearly abandoned hope of recovering his money because those involved had allegedly become evasive.

In a separate case, the EFCC handed over ₦16.4 million to Benjamin Nwakaegho, a lawyer representing another complainant who allegedly lost money through a property agent.

The commission explained that the complainant had entrusted his land documents to an agent who offered to facilitate the sale of his property.

The agent reportedly sold the property for ₦25 million but remitted only ₦5 million to the owner, claiming that the buyer had not completed payment.

However, EFCC investigators reportedly traced the full purchase payment to the agent’s bank account, contradicting his explanation.

The commission subsequently recovered ₦16.4 million, which was handed over to the complainant’s legal representative.

Nwakaegho commended the agency for its efforts in recovering the funds.

The two recoveries amount to ₦211.4 million and represent separate interventions involving alleged fraudulent property transactions.

The EFCC maintained that it would continue pursuing the recovery of proceeds of financial crimes and protecting victims from financial exploitation.

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