The Economic and Financial Crimes Commission (EFCC) has handed over a bank draft of ₦42,500,000 to Mrs. Margret Taye Odofin, a 70-year-old widow and pensioner. The recovered sum was traced to her fraudulent account transactions and to an investment officer, Mrs. Kehinde Olawale Yusuf, who worked with one of the new-generation banks.

The presentation, held on Thursday, November 6, 2025, took place at the Kaduna Zonal Command of the Commission and was conducted by the Acting Director, Bawa Kaltungo, on behalf of EFCC’s Executive Chairman, Ola Olukoyede.

In her petition to the Kaduna Zonal Command of the EFCC in December 2024, the widow alleged that Mrs. Yusuf, who served as her account and investment officer, had between November and December 2020, deceived her into investing in certain ponzi schemes, promising a quarterly return of ₦1,700,000 (One Million, Seven Hundred Thousand Naira). Unbeknownst to her, the banker’s real intention was to defraud her, as she later discovered that ₦47 million had been siphoned from her account and transferred to multiple bank accounts without her consent.

Mrs Yusuf cut off communications with her and fled to the United Kingdom after she made enquiries from her on the transactions.

However, her flight out of the country could not deter the EFCC from tracing and recovering the stolen monetary assets.

An over-joyed Odofin was effusive with thanks and praises for the Commission and Olukoyede for the recovery.