The Economic and Financial Crimes Commission (EFCC), Nigeria’s anti-graft agency, has begun tracking of election campaign financing by political parties in the country. It says the effort is a proactive step in securing the integrity of the electoral process and prevent the exercise from being used as avenue for money laundering.
This commitment was made known in a press release issued by the Media and Publicity Department on Thursday via the Commission’s official website.
Its reads in part:
“The EFCC has already launched massive, but discreet, surveillance of the financial flows of all the actors in the various political parties. The tracking process which is ongoing, will continue till all the scheduled elections are concluded.”
According to, Ibrahim Magu, Acting Chairman of the Anti-Graft agency, the Commission’s intervention will be moderated by national interest and the rule of law. “We will not take any step that is not sanctioned by law.”
The Commission, which is currently prosecuting hundreds of electoral officials and politicians accused of complicity in the perpetration of electoral fraud to undermine the 2015 general elections for financial gains, also warns persons saddled with the conduct of the 2019 general election to learn from that experience. “No one who collects money to rig election will be spared”‘ Magu added.