Lagos - The Economic and Financial Crimes Commission (EFCC), has signed a Memorandum of Understanding (MoU) with the Office of the Inspector-General of the Global Fund.
The objective of the MoU is to facilitate exchange of information on fraud and abuse of office in relation to grant programme managed by the Global Fund, targeted at fighting tuberculosis and malaria in Nigeria.
This is contained in a statement signed by the EFCC Spokesman, Mr Wilson Uwujaren, and made available to the News Agency of Nigeria ( NAN) on Sunday in Lagos.
The MoU was signed on behalf of the fund and the commission by Mr Norbert Hauser, Head of the Office of the Inspector General, Global Fund and Mr Ibrahim Lamorde, EFCC Chairman.
They said that both parties would cooperate by providing information and intelligence to each other.
"Terms of the agreement stipulate that both parties will consult regularly, in particular to exchange information regarding new areas of potential cooperation and other joint activities falling within their respective mandates.
"All information exchanged will be treated as strictly confidential."
"The memorandum stipulates that any information exchanged will not be used as evidence in any judicial proceedings without the express prior consent of the party providing that information.
"In addition to exchanging financial and criminal intelligence, both parties may cooperate in other ways, including the exchange of general information regarding fraud, abuse and other economic crimes."
The statement quoted Lamorde as saying that the commission was not just helping the Global Fund in signing the MoU, "what we are doing is helping ourselves.
"It is our moral obligation to give you our support and cooperation."
On his part, Hauser said the signing of the MOU with Nigeria, a country where Global Fund grants was being distributed on a large scale, was sequel to similar agreements with Malawi and Tanzania.
“This is also an expression of country ownership in its most positive form”, the statement said.