The Economic and Financial Crimes Commission (EFCC) on Thursday got a new governing board six years after the expiration of the last one.
Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, inaugurated the 23-member board in Abuja.
He urged them to expedite the execution of the commission’s statutory functions.
He further tasked the board members to put in their best to combat financial and economic crimes in the country.
“This exercise is the demonstration of President Muhammadu Buhari’s confidence in their integrity, intellectual abilities and competence to contribute to the realisation of the mandate of the commission.
“You are required to put in your best to combat financial and economic crimes in the country.
“The commission is empowered to prevent, investigate, prosecute and penalise economic and financial crimes, and as well charged with the responsibility of enforcing the provisions of other laws and regulations relating to economic and financial crimes, and fight terrorism,” he said.
He said the board members are creations of the enabling statutes of the various institutions, with the main responsibility of giving policy direction to the commission’s management in order to contribute toward the developmental goals of the government.
“I, therefore, expect that all hands will be on deck to generate robust policy initiatives that will help this administration achieve its fight against corruption and revamp the economy,” the SGF said.
In his remarks, the Executive Chairman of EFCC, Mr AbdulRasheed Bawa, who is also the chairman of the board, expressed gratitude to the president for the initiative.
“Your Excellency, EFCC has been without a board for six years sequel to series of events that have happened that warranted its non-existence,” he said.
Bawa said that the development had gladdened his heart, as a staffer of the commission before becoming the chairman.