The Senate on Thursday received request from the Presidency
to confirm the appointment of the Economic and Financial Crimes Commission (EFCC)
Chairman, Mr. Ibrahim Magu.
A letter to that effect, read at plenary by President of the
Senate, Dr Bukola Saraki, also sought the confirmation of Messrs Nasule Moses,
Lawan Mamman, Galadanci Imam, and Adeleke Rafiu as
members of the commission.
Saraki said that in the letter, the presidency requested the senate to confirm
the list of the persons at the shortest time possible.
“The Economic and Financial Crimes Commission Act of 2004
established the commission. “It makes it responsible, among other things, for
the coordination and enforcement of all economic and financial crime laws and
enforcement functions conferred on all persons or authority. “Section 2(1) of
the Act also provides that the commission shall consist of the chairman, which
shall be the chief executive and accounting officer of the commission.
“He
should be a serving or retired member of any government security or law
enforcement agency not below the rank of assistant commissioner of police or
its equivalent and possess not less than 15 years cognate experience.
“Apart from
the ex-officio members of the commission provided for in section 2, the Act
also provides for four eminent Nigerians with cognate experience in any of the
following – finance, banking, law or accounting. “Section 2(3) further provides
that chairman and members of the commission other than ex-officio members shall
be appointed by the president and the appointment shall be subject to
confirmation of the Senate.
“Section 3 of the Act provides that the chairman
and members of the commission other than the ex-officio members shall hold
office for a period of four years and may be re-appointed for another period of
four years and no more,’’ the letter stated.
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