EFCC to deepen synergy with media, CSOs in combating cryptocurrency fraud

Date:

The Economic and Financial Crimes Commission has reaffirmed its commitment to deepen synergy with the media and Civil Society Organizations

to tackle economic and financial crimes.especially cryptocurrency fraud and other cyber-criminal activities.

The EFCC Executive Chairman, Mr. Ola Olukoyede gave the assurance at a one-day sensitization workshop for Civil Society Organizations and the media, held at EFCC Kano Zonal Directorate on Thursday.

Represented by the Acting Zonal Director, Kano Zonal Directorate, Sa’ad Hanafi, the EFCC chairman said the measure was necessary because the fight against corruption is not a solo mission noting that it is a collective national endeavour that requires synergy, trust, and shared intelligence.

“The aim to achieve from this workshop is to build and deepen a stronger, more collaborative relationship between the EFCC and your esteemed organizations. Our fight against corruption is not a solo mission; it is a collective national endeavour that requires synergy, trust, and shared intelligence,” Olukoyede said.

He said the choice of CSOs and Journalists is both deliberate and strategic as they are not merely observers in the socio-economic landscape of our nation.

“You are critical drivers of change. CSOs serve as the conscience of the society and a vital bridge between the government and the citizenry. Journalists, on the other hand, wield the powerful pen that shapes public opinion, holds power accountable, and illuminates the dark corners where corruption often thrives.Together, you are indispensable allies in the fight to safeguard our economy and our collective future,” he said.

He said the workshop aimed to educate and inform participants on understanding cryptocurrency fraud and other emerging cyber and financial crimes as well as to provide crucial guidance on the intricacies of prosecuting financial crimes–challenges we face and how to come together and find a better way forward to rid Nigeria of economic and financial crimes including corruption.

He noted that the world is witnessing a dramatic shift from traditional schemes to sophisticated cyber-enabled fraud, hence the need to enlighten participants on the burgeoning threats of cryptocurrency fraud and other cyber-criminal activities.

He added that the workshop was also designed to enhance the understanding of CSOs and journalists on the legal and procedural intricacies of prosecuting financial crimes.

“The workshop will also go a long way in fostering a strategic partnership between the EFCC, CSOs, and the media in promoting a preventative and citizen-driven approach to combating corruption, “ he added.

He maintained that there was need to enlighten the participants on the world of emerging threats, particularly cryptocurrency fraud, equipping you with the knowledge to understand and report on these modern crimes

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