The Economic and Financial Crimes Commission (EFCC) and the Corporate Affairs Commission (CAC) have announced a strengthened partnership to combat corruption in Nigeria.
The two agencies have pledged to share information and collaborate on investigations to tackle financial crimes and fraudulent activities. This collaboration is aimed at enhancing the effectiveness of both organizations in their respective mandates.
The EFCC and CAC recognize that corruption often involves complex schemes that cut across various sectors, including the registration of companies and financial transactions. By working together, they hope to improve their ability to detect and prosecute those involved in corrupt practices.
The partnership will involve the sharing of data, joint training programs, and coordinated operations. This move is seen as a significant step in the fight against corruption in Nigeria, as it combines the investigative powers of the EFCC with the regulatory oversight of the CAC.
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