By Ikechi Enwereji
The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has called on the financial institutions in the country to investigate their potential customers’ business backgrounds before opening an account for them.
Bawa stated this on Tuesday, August 24, 2021, when members of the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), led by the Chairman, Yinka Tiamiyu paid him a courtesy visit at the Commission`s headquarters in Abuja.
He reiterated the Commission’s willingness to partner with ACAEBIN, in tackling financial crimes and related challenges in the banking sector. “EFCC welcomes your suggestion of robust partnership. We cannot do this job alone. We need information, and for all Nigerians to be on board, to rid our country of corruption.”
Bawa implored the bank auditors to take issues of transparency in banking operations seriously, adding that starting from September 1, 2021, it will no longer be business as usual as the Commission will hold banks liable where there are established cases of institutional complicity in fraud in the sector.
“I will like to urge you to know your customers, know the kind of businesses they do before opening an account for them because some customers will open an account within a space of two months a huge sum of money is found in the account, so there is need for you to try and query this information including their linked accounts,” Bawa said.
Tiamiyu in his remarks said they were in the Commission to seek improved partnership between banks and the EFCC in tacking economic and financial crimes. He reiterated the commitment of banks as lead actors in the nation’s financial system to sanitizing the system, noting that it was not in the interest of the organizations to incubate or suppress financial malfeasance.
Amplifying this point, Uduak Udoh, Vice Chairman of the Association said, “Some customers are conniving with bank staff to loot funds. We want you to look into that area, not only the banks as we are ready to give you all the cooperation you need; we want you to trust bank auditors with information sharing because we cannot support fraudulent staff as they are a threat to the organization.”
They used the opportunity of the visit to highlight issues of concern to them and their organizations, including fast-tracking the consideration of petitions from banks by the EFCC.
INVESTIGATE CUSTOMERS’ BUSINESS BACKGROUND BEFORE OPENING ACCOUNT, EFCC TELLS BANKS
Your style is so unique compared to other folks I’ve readstuff from. Many thanks for posting when you’ve got the opportunity,Guess I’ll just bookmark this blog.
I really like and appreciate your blog article.Really thank you! Really Great.
A fascinating discussion is worth comment. I think that you need to publish more about this topic, it may not be a taboo matter but typically people don’t talk about such subjects. To the next! Cheers!!
Thanks for the post.Thanks Again.
Really appreciate you sharing this post. Want more.
Great, thanks for sharing this blog.Really looking forward to read more. Really Great.
all med pharmacy: mexican pharmacy online – pharmacy express
Really appreciate you sharing this blog.Really thank you! Want more.
Very good article. I’m going through a few of these issues as well..
Wonderful post however , I was wondering if you could write a litte more on this topic? I’d be very thankful if you could elaborate a little bit further. Thanks!
Great post. I was checking constantly this blog and I’m impressed! Very useful information particularly the last part I care for such information much. I was seeking this particular information for a very long time. Thank you and good luck.
Itís hard to find knowledgeable people about this subject, but you sound like you know what youíre talking about! Thanks
Im obliged for the blog post.Thanks Again. Want more.
Gua demen banget main di situs *MPO W1NN 77*, dikasih menang mulu mantap bandarrrr
mexican pharmacy online: online pharmacy without scripts – online pharmacy weight loss
It is truly a great and useful piece of information. I am glad that you shared this helpful info with us. Please stay us informed like this. Thank you for sharing.
you could be a great author. I will make certain to bookmark your blog and
Thanks a lot for the blog article.Thanks Again. Keep writing.
Wow that was unusual. I just wrote an extremely long comment but after I clicked submitmy comment didn’t show up. Grrrr… well I’m not writingall that over again. Anyhow, just wanted to say wonderful blog!
Really enjoyed this blog.Much thanks again. Great.
A big thank you for your blog post.Thanks Again. Want more.
allergic reaction to lisinopril lisinopril / hydrochlorothiazide
Great write-up, I am normal visitor of one’s blog, maintain up the nice operate, and It is going to be a regular visitor for a long time.
An intriguing discussion is worth comment. There’s no doubt that that you ought to publish more about this subject matter, it might not be a taboo matter but generally people don’t speak about such subjects. To the next! Kind regards!
This is a really good tip especially to those fresh to the blogosphere. Brief but very accurate infoÖ Thanks for sharing this one. A must read post!
You said it very well..top ten essay writing services thesis paper writing speech writing service
I appreciate you sharing this blog article.Really thank you! Great.
Its such as you learn my thoughts! You seem to understand so much approximately this, such as you wrote the book in it or something. I believe that you simply can do with a few percent to power the message home a little bit, however instead of that, that is excellent blog. A fantastic read. I will certainly be back.
Hiya, I’m really glad I’ve found this information. Today bloggers publish just about gossips and internet and this is really irritating. A good website with interesting content, this is what I need. Thanks for keeping this website, I’ll be visiting it. Do you do newsletters? Can not find it.
Thank you ever so for you blog post.Thanks Again. Want more.
Its great as your other content : D, thanks for posting.
Your style is very unique compared to other people I have read stuff from. I appreciate you for posting when you’ve got the opportunity, Guess I’ll just bookmark this blog.
That is very attention-grabbing, You’re an excessively skilled blogger. I have joined your rss feed and stay up for searching for extra of your excellent post. Also, I’ve shared your web site in my social networks!
Well I definitely liked studying it. This post offered by you is very effective for good planning.
Tips clearly utilized..introduction college essay college essay bid writing services
The cleansing firm carries out cleaning of areas of numerous sizes and also setups. Devonne Brandy Hillie
Hi there, just wanted to tell you, I enjoyed this blogpost. It was funny. Keep on posting!Here is my blog post … showhorsegallery.com
Everyone loves it when individuals get together and share thoughts.Great blog, continue the good work!
Whats up are using WordPress for your blog platform? I’m new to the blog world but I’m trying to get started and set up my own. Do you need any html coding knowledge to make your own blog? Any help would be greatly appreciated!
Hello, yes this article is genuinely fastidious and I have learned lot of things from it on the topic of blogging. thanks.
I think this is a real great blog article.Really looking forward to read more. Awesome.
Aw, this was an extremely nice post. Spending some time and actual effort to make a superb article… but what can I say… I hesitate a lot and don’t seem to get nearly anything done.
Amazing tons of wonderful knowledge!national junior honor society essay help homework now australian essay writing service
That is a good tip especially to those fresh to the blogosphere. Short but very accurate informationÖ Thank you for sharing this one. A must read post!