(a) Functions of Economic & Organized Crime Office (EOCO):

• Investigation: EOCO conducts thorough investigations into economic and organized crime activities, including fraud, money laundering, corruption, and cybercrime.
• Intelligence gathering: It gathers intelligence on suspected economic and organized crime activities through surveillance, monitoring, and information sharing.
• Asset recovery: EOCO is tasked with tracing, seizing, and recovering assets obtained through illegal means, such as proceeds of crime or corruption.
• Prosecution support: EOCO provides support to prosecutors in preparing cases and presenting evidence related to economic and organized crime in court.
• Prevention measures: EOCO develops and implements preventive measures, such as awareness campaigns, training programs, and regulatory reforms, to deter economic and organized crime.

(b) Functions of Office of the Special Prosecutor (OSP):

• Investigating corruption cases: The OSP is responsible for conducting thorough investigations into allegations of corruption and related offenses, including bribery, embezzlement, fraud, and abuse of office.
• Prosecuting offenders: One of the primary functions of the OSP is to prosecute individuals and entities involved in corruption and related offenses.
• Asset recovery: The OSP is responsible for tracing, seizing, and recovering proceeds of corruption and illicit enrichment acquired through corrupt practices.
• Preventive measures: In addition to investigating and prosecuting corruption cases, the OSP also plays a role in implementing preventive measures to deter corruption.
• Collaboration and cooperation: The OSP collaborates with other law enforcement agencies, such as the police, judiciary, and regulatory bodies, to enhance coordination and cooperation in the fight against corruption.

(c) Functions of Public Accounts Committee (PAC):

• Examination of audited accounts: The PAC is responsible for examining the audited accounts of government ministries, departments, and agencies (MDAs), as well as other public institutions.
• Scrutiny of public expenditures: The committee scrutinizes government expenditures to identify instances of financial mismanagement, irregularities, or unauthorized spending.
• Investigation of financial irregularities: The PAC investigates allegations of financial irregularities, corruption, or misuse of public funds brought to its attention.
• Oversight of government agencies: The committee exercises oversight over government agencies, ministries, and departments to ensure compliance with financial regulations, procurement procedures, and accounting standards.
• Review of audit reports: The PAC reviews audit reports prepared by the Auditor-General’s Office, which highlight findings, observations, and recommendations regarding the financial affairs of government entities.

(d) Functions of Financial Intelligence Centre (FIC):

• Receipt of reports: The FIC receives reports of suspicious transactions, currency transactions above specified thresholds, and other relevant financial information from reporting entities such as banks, financial institutions, and designated non-financial businesses and professions (DNFBPs).
• Analysis of financial intelligence: The Centre analyses the financial information received to identify patterns, trends, and indicators of money laundering, terrorist financing, and other illicit activities.
• Investigation support: The FIC provides support to law enforcement agencies, regulatory authorities, and other competent authorities by providing financial intelligence to aid in investigations and prosecutions related to financial crimes.
• Information dissemination: The Centre disseminates financial intelligence and analysis to relevant domestic and international stakeholders, including law enforcement agencies, regulatory bodies, government agencies, and international counterparts.
• Policy development and advocacy: The FIC contributes to the development of policies, regulations, and initiatives aimed at strengthening anti-money laundering (AML) and counter-terrorism financing (CTF) frameworks.