LIST OF REASONS

In recent discussions among government officials and financial watchdogs across Nigeria, considerable emphasis has been placed on understanding the inception and evolution of the Economic and Financial Crimes Commission (EFCC) as an agency designed to combat the complex and pervasive threat of economic and financial crimes. The EFCC was established at a time when Nigeria was grappling with a surge in sophisticated financial malpractices and criminal activities that threatened not only the integrity of its economic systems but also the trust of its citizens in public institutions. A robust mechanism to investigate, prosecute, and ultimately penalize those who sought to exploit the nation’s financial systems for illicit gain was the rationale behind the formation of the EFCC in Nigeria.  From its inception, the EFCC was envisaged as more than just a law enforcement body; it was to serve as a sentinel against the myriad forms of financial crimes that had become increasingly common in ...