Centralized Data Systems

1. What is the purpose of NFCC developing a centralized data system?

The purpose of NFCC to develop a centralized data system is because previously there was no government entity or enforcement agency that had a centralized database for the purpose of collecting information related to financial crimes. With the existence of this database, it can speed up the work process and can not only help the NFCC in carrying out its mandate but also help other enforcement agencies in carrying out their responsibilities more efficiently, effectively and effectively. In short, this system will be developed because there is a need to create a mechanism for the collection and sharing of information among government entities and local enforcement agencies and it can be considered as a national agenda considering that it benefits and brings benefits to government entities and enforcement agencies generally.

2. How NFCC ensures the confidentiality of the information obtained?

The information obtained is used for the purpose of profiling and analysis to carry out NFCC's functions and responsibilities in integrated operations in addition to joint partnerships with enforcement agencies subject to the provisions of section 18 of the NFCC Bill 2019.