A public affairs analyst, Chima Okoro, has commended the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, for reforms aimed at strengthening the agency’s operations in areas including prevention, asset recovery and institutional compliance.
In a statement, Okoro said the EFCC has placed greater emphasis on intelligence gathering, policy reforms and collaboration with local and international partners in its anti-corruption efforts.
He also referenced the Commission’s operations against cybercrime and technology-enabled financial crimes, including investigations involving foreign nationals, and described these efforts as part of the agency’s response to emerging digital threats.
According to the analyst, the EFCC’s collaboration with international law enforcement agencies has enhanced information sharing and joint investigations into transnational financial crimes.
Okoro further highlighted the Commission’s asset recovery initiatives, noting that some recovered items have been transferred to government institutions for public use.
He also cited the EFCC’s partnership with the Corporate Affairs Commission (CAC) on the registration of Point of Sale (PoS) operators as part of efforts to strengthen regulatory compliance and anti-money laundering measures.
The analyst said the Commission has also introduced internal reforms aimed at improving public enlightenment, intelligence gathering and compliance with procurement processes.
Okoro maintained that the reforms have strengthened the EFCC’s institutional capacity and contributed to its anti-corruption and financial crime prevention efforts.
He expressed the view that sustained reforms and institutional collaboration would further enhance the Commission’s effectiveness in carrying out its statutory responsibilities.
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