Ten functions of EFCC

Wondering the functions of EFCC? Well you may have asked about the work of efcc for reasons well known to you. But in this post we will discuss Ten functions of EFCC.

What is EFCC

Now the term efcc is a coinage from the phrase Economic and Financial Crimes Commission. It is a Federal Agency that is responsible for several responsibilities in the government which we will discuss all the functions as far as EFCC is concerned.

What is the function of EFCC

The Economic and Financial Crimes Commission (EFCC) like we said is a Nigerian law enforcement agency that investigates financial crimes such as advance fee fraud (419 fraud) and money laundering.

The function of EFCC is as follows 

1. The EFCC investigates people in all sectors who appear to be living above their means.
2. The EFCC is empowered to investigate and prosecute money laundering.
3. To address financial corruption by prosecuting and convicting  of high-profile corrupt individuals
4. To coordinate domestic efforts of the fight against money laundering across the globe
5. EFCC also joins the global fight against terrorists financing.

What is the mission and vision of EFCC?

The mission of EFCC is to employ all available legal means to rid Nigerian of greed, avarice and all vestiges of corruption and thus promote transparency, property, accountability and integrity in the public and private lives of all Nigerians.

The above sums up everything we know, about the function of efcc. We may state once again that Efcc function is to investigate bank fraud cases, advance fee scam, etc.