EFCC Partners US Agency On Transnational Fraud Tracking


The Economic and Financial Crimes Commission, [EFCC] says it has signed a Memorandum of Understanding, [MoU], for cooperation with the Federal Competition and Consumer Protection Commission, [FCCPC] and the United States Federal Trade Commission, [FTC] to combat cross border fraud.

The MoU was jointly signed by Mohammed Umar Abba, acting chairman, EFCC; Babatunde Irukera, executive vice chairman, FCCPC, and Joseph Simmons, chairman of FTC at the EFCC headquarters, recently provides a framework for continuous partnership in existing areas of cooperation, including exchange of information and assistance in consumer protection investigations.




EFCC headquarters described the MoU as an improved version of an earlier one signed in 2013, and it established a joint implementation committee to develop joint training programmes and workshops, as well as provide assistance in respect of specific investigations.

It also acknowledges the participants’ support for e-consumer governance, a joint project of agencies from 40 countries for reporting international online scam.

While serving as the coordinating agency for the enforcement of all economic and financial crime laws in Nigeria, the EFCC also has a global network of partnerships in transnational organised crime investigation.

Previously known as the Consumer Protection Commission, the Federal Competition and Consumer Protection Commission has the mandate to deal with consumer protection issues in Nigeria; while its U.S counterpart, the FTC, promotes antitrust, consumer protection and data privacy enforcement among others.

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