Economic and Financial Crimes Commission

The Economic and Financial Crimes Commission (EFCC) is a Nigerian law enforcement and anti-graft agency that investigates financial crimes and unknown transactions such as advance fee fraud and money laundering. The EFCC was established in 2003, partially in response to pressure from the Financial Action Task Force on Money Laundering (FATF), which named Nigeria as one of 23 countries non-cooperative in the international community's efforts to fight money laundering. The agency has its head office in Abuja, Nigeria. The EFCC was also set up to fight against corruption and protect the country from economic saboteurs. The current chairman of EFCC is Ola Olukoyede, appointed by President Bola Tinubu on 12 October 2023.