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EFCC Chairman Urges Bank Chiefs: Play By The Rules To Combat Graft
Eko Hot Blog reports that the Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has pleaded with bank chief executive officers (CEOs) in Nigeria to adhere to extant rules and regulations guiding banking operations to curtail economic and financial crimes.
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Receiving executives of the Chartered Institute of Bankers of Nigeria (CIBN) at the EFCC headquarters in Abuja, Olukoyede frowned at unethical practices in the banking sector, saying ethical reorientation of bank workers is key to sanitizing the sector.
“I think the essential thing is for you all to play by the rules. Banking fraud affects the economy considerably. We are ready to work with any bank executive that plays by the rules because that is the only way of growing the economy,” Olukoyede stated.
He assured bank CEOs that the EFCC would work together with them to encourage mutual trust and help banks and businesses grow the economy.
CIBN Managing Director Lamin Madang commended Olukoyede’s efforts in rebranding the EFCC’s image and its proactive stakeholder engagement.
He noted the EFCC’s commitment to international conventions and its record convictions in 2022 and 2023.
However, Madang called on the EFCC to review some policies like Post No Debit on suspicious accounts.
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Olukoyede explained the EFCC operates within the law. “We are committed to a mutually beneficial relationship with you all. All our efforts are geared towards growing the economy,” he responded.
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