Headlines

AGF Malami Speaks On Needing More Power To Regulates EFCC

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami disclosed that he needs not special endowment to effect the Economic and Financial Crimes Commission (EFCC) Act 2004 to permit him to regulate the commission.

Brandnewsday gathers Malami made this known on Tuesday through his spokesman, Umar Gwandu, stressing that he was not seeking to sponsor any bill for more powers to “control” the agency.

In the statement, Gwandu stated that by the virtue of the extant laws governing governmental operations, the AGF has “indisputable statutory powers to regulate the operations of the commissions without recourse to any additional legislations”.

Advertisement

AGF Malami

He said Section 43 of the EFCC Act made it clear that: “The Attorney General of the Federation may make rules or regulations with respect to the exercise of any of the duties, functions or powers of the Commission under this Act”.

The aide noted Malami believes in the doctrines of separation of powers and could not meddle into the affairs of the legislature for megalomaniac sake.

READ: Primate Ayodele Predicts ‘Divine’ Candidate For Abia APC, Issues Warning To Akeredolu

Advertisement

“It is a global practice that the legislature may at their discretion spearhead the amendment of existing legislation in order to accommodate certain exigencies occasioned by contemporary realities and the need to improve performance to achieve best practices without any prompting from external organs of the government.”

The statement added that Malami’s priority “is to see to the effective execution of statutory mandates of supervising parastatals under the Federal Ministry of Justice in a way that makes them function in the best interest of the general public”.

READPDP Drags Buhari For Conducting APC NEC Meeting

Advertisement
Facebook Comments
Adebayo

Adebayo is a Content Developer and website manager who loves to learn, unlearn and relearn. He has a knack for exploring the tech world. He is always thirsty to learn as the tech ecosystem evolves every day.

Recent Posts

Stanbic IBTC PMI: Business Activity Rises For First Time In Six Months

There were tentative signs of improvement in the Nigerian private sector during the final month…

3 weeks ago

Stanbic IBTC Insurance Limited Passes Audit Certification; Reinforces Commitment To Excellence And Transparency

Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings and a leading life insurance…

3 weeks ago

BREAKING: Jeju Air Plane Crash Leaves Over 149 People Dead In Korea [Video]

It is a black Sunday in South Korea as the Jeju Air Plane Crash news hits…

3 weeks ago

Black Market Dollar To Naira Exchange Rate In Lagos, FCT, 29 December 2024

Black Market Dollar To Naira Exchange Rate Today In Lagos, FCT, 29 December 2024. BrandNewsDay…

3 weeks ago

Digital Payments Ecosystem Requires Robust Collaboration- TeamApt Ltd CEO, Ajalie

TeamApt Ltd’s Managing Director, Dennis Ajalie, has said that fintech companies and banks play very…

3 weeks ago

Stanbic IBTC Bank Leads In Capital Importation, Achieving 28.30% Foreign Inflows In 2024

In a remarkable demonstration of resilience and strategic adaptation, Stanbic IBTC Bank, a member of…

3 weeks ago

This website uses cookies.