{"id":72633,"date":"2022-03-24T14:46:52","date_gmt":"2022-03-24T13:46:52","guid":{"rendered":"https:\/\/buzznigeria.com\/?p=72633"},"modified":"2024-01-13T12:32:14","modified_gmt":"2024-01-13T11:32:14","slug":"when-was-efcc-established-and-what-are-the-functions-of-the-organization","status":"publish","type":"post","link":"https:\/\/buzznigeria.com\/when-was-efcc-established-and-what-are-the-functions-of-the-organization\/","title":{"rendered":"When Was EFCC Established and What Are The Functions Of The Organization?"},"content":{"rendered":"
EFCC, which stands for Economic and Financial Crimes Commission, is an agency in the Federal Government of Nigeria established in 2003, whose primary role is to combat financial crime. It was created as a response to growing concerns of massive financial losses and corruption in the country.<\/p>\n
The organization falls under the jurisdiction of the Office of the President, which means it reports directly to the President of Nigeria. This system also brought about a total misconception of the function of the EFCC, raising the view that the commission is an instrument of the federal government to probe political opponents.<\/p>\n
The Economic and Financial Crimes Commission was established in 2002 in response to Nigeria’s ranking as one of the 23 countries in the world that were not cooperating with the international community in combating money laundering. The commission was created to investigate financial crimes like advanced fee fraud, popularly known as 419, and money laundering.<\/p>\n
The Financial Action Task Force blamed the Nigerian government for being complacent and also exposed the money laundering activities of many political leaders and prominent citizens of the country. The federal government under the leadership of the former president Olusegun Obasanjo moved into a responsive action by approving the establishment of the commission. The commission has its head office situated in the federal capital territory and branches all over the states in Nigeria.<\/p>\n
EFCC exists under the following establishments:<\/p>\n
<\/a><\/p>\n The EFCC comprises the following governing members:<\/p>\n There are four departments in the EFCC. They include:<\/p>\n The Enlightenment and Re-orientation Unit\u00a0<\/strong><\/p>\n This department of the EFCC is saddled with the responsibility of executing public education by sensitising people about the commission’s mandate.<\/p>\n Public Interface Unit\u00a0<\/strong><\/p>\n This department is responsible for communicating and engaging the public through online and offline interfaces. It also manages the commission\u2019s website and establishes a good public image of the commission.<\/p>\n Media and Publicity Unit<\/strong><\/p>\n The Media and Publicity Unit is responsible for disseminating information on the commission’s activities to various stakeholders via several mass media platforms, including electronic, print, and social media. They release substantial information to the public.<\/p>\n Media Academy Unit<\/strong><\/p>\n The Media Academy Unit is saddled with the responsibility of training media and public relations officers. It is also in charge of educating and sensitising people about the sister anti-corruption agencies across the globe.<\/p>\n Below are the functions of the EFCC as stipulated in the Economic and Financial Crimes Commission (Establishment) Act of 2004<\/a>. It says the commission shall be responsible for:<\/p>\n <\/a><\/p>\n The commission, in the course of carrying out its duties, has been involved in several controversies. Some of these controversies have led to the EFCC being dragged to court. Below are some notable controversies of the commission:<\/p>\nGoverning Members Of The EFCC Commission<\/strong><\/h3>\n
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Departments in EFCC<\/strong><\/h2>\n
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Definition and Duties of the Departments in EFCC<\/strong><\/h3>\n
Duties of the Four Departments of the EFCC <\/strong><\/h3>\n
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What are the Functions of EFCC?<\/strong><\/h2>\n
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Controversies Connected To EFCC<\/strong><\/h3>\n
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