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Punch Newspapers Sections LEKE BAIYEWU The House of Representatives is considering a series of amendments to the Economic and Financial Crimes Commission Act, including setting a limit to the duration a person can act as chairman of the commission. The House is also considering expanding the scope of qualifications for the chairmanship of the EFCC. At the plenary on Tuesday, the House had consolidated four bills by different sponsors seeking to amend the EFCC Act. In the bill sponsored by Mr Tajudeen Yusuf, apart from setting a time-frame for acting chairmanship, it is also being proposed that the EFCC retains a percentage of funds recovered its recoveries. ....
Udora Orizu in Abuja The House of Representatives yesterday passed for second reading four bills seeking to limit timeframe for any person appointed as the Chairman of the Economic and Financial Crimes Commission (EFCC) on acting capacity. When passed into law, the bills would provide the commission power to retain a percentage of loot recovered to run its operations. Also, the parliament will also restructure the composition of the commission to include members of independent organizations in its membership, establish operations review committee, set up a witness protection unit, detention unit and compensation of victims of financial crimes. The commission will also have the powers to disqualify convicted persons from holding or continuing to hold public offices. ....
Vanguard News Reps move to limit tenure of EFCC Acting chairman On By Levinus Nwabughiogu – Abuja House of Representatives has elected to set a limit and timeframe for any person appointed as the Chairman of the Economic and Financial Crimes Commission, EFCC on acting capacity. The House is also providing the Commission power to retain a percentage of loot recovered to run its operations. Similarly, the parliament will also restructure the composition of the Commission to include members of independent organizations in its membership, establish operations review committee, set up a witness protection unit, detention unit and compensation of victims of financial crimes. ....