The difference between EFCC and ICPC is one of the questions our readers has asked in recent times. Before we discuss about the difference between these two agencies, we will first explain what they stand for andtheir functions. From there alone, You can simply know their difference from Explaining their functions.
Because of the fight against corruption and economic crimes, Nigeria established these two prominent anti-corruption agencies which is the Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related Offences Commission.
Now the problem is that both of them share common goal which is fighting corruption, they operate under different mandates and they also have different roles. In this article, gistbed.com will explain the differences between EFCC and ICPC by Explaining their tasks and functions.
Difference Between EFCC And ICPC
The difference between EFCC and ICPC is that the Economic and Financial Crimes Commission EFCC was established in 2003, EFCC is a Nigerian law enforcement agency which is also part of the paramilitary organization in Nigeria which is in charge of investigating and prosecuting economic and financial crimes. Its primary role is to fight crimes such as money laundering, fraud, cybercrime, corruption, and other related offenses. The EFCC operates under the Economic and Financial Crimes Commission Act, which grants it extensive powers to investigate, arrest, and prosecute offenders While Independent Corrupt Practices and Other Related Offences Commission ICPC was established in the year 2000, ICPC is also a Nigerian government agency which is in charge of fighting corruption in both public and private sectors. Its primary role is to prevent corruption, investigate reported cases, and prosecute offenders. The ICPC operates under the Independent Corrupt Practices and Other Related Offences Act.
Another difference between these two organization is that the EFCC has the authority to conduct investigations into economic and financial crimes, gather evidence, and build cases against suspects to ensure their prosecution while The ICPC adopts preventive measures by educating the public, promoting ethical conduct, and implementing policies and strategies to prevent corruption and related offenses.
With these few facts we believe that you now understand the difference between these two commission.
Now another question that our readers also asked is the similarities between them. We will also explain that below.
Similarities Between EFCC And ICPC
The similarity between EFCC and ICPC is that both are government agencies which are working towards the same goal which is fighting corruption.