The Economic and Financial Crimes Commission (EFCC) has recovered and returned ₦42.5 million to a 70-year-old widow, Mrs. Margret Taye Odofin, who was defrauded by her former account officer, Mrs. Kehinde Olawale Yusuf, a staff of a new-generation bank.
The cheque was presented to Odofin at the EFCC Kaduna Zonal Office on Thursday, November 6, 2025, by Acting Zonal Director Bawa Kaltungo, on behalf of EFCC Chairman Ola Olukoyede.
According to the EFCC, Yusuf lured the widow into a fake investment scheme in 2020, promising ₦1.7 million quarterly returns but instead diverted ₦47 million from her account before fleeing to the United Kingdom. Despite her escape, the EFCC traced and recovered part of the stolen funds.
An emotional Odofin thanked the EFCC for restoring her hope, saying she would “campaign for the Commission anywhere” for its sincerity and effectiveness.
Kaltungo reaffirmed the agency’s dedication to justice and urged the public to trust the EFCC in handling financial crimes.
The Commission also noted recent restitutions, including returning assets to fraud victim Daniel Attiogbe in Ibadan and refunding $130,000 and ₦70 million to foreign victims through U.S., Spanish, and Swiss embassies.
Chairman Olukoyede said the EFCC remains committed to ensuring recovered assets are returned to rightful owners, adding, “We don’t just recover; we restitute.”
