ICPC accuses banks of aiding criminals
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission, Prof Bolaji Owasanoye, has lamented the role of some financial institutions in financial crimes, saying some of them opened accounts for criminals and provided services that helped criminal acts.
The spokesperson for the commission, Rasheedat Okoduwa, said in a release that Owasanoye made the statement during the visit of the management of Bank of Industry to the commission’s headquarters in Abuja. The commission spokesperson said the ICPC would ensure continuous clampdown on corrupt elements in the industry, stressing that unethical investors undermined the ethics of banking industry.
“The ICPC chairman has pledged the commission’s commitment to working together with financial institutions in order to rid them of corrupt elements. The chairman expressed concerns at the complicity of a few of Nigeria’s financial services industry in the ruination of the country, stating that one bad apple can ruin the entire bunch,” said the statement.
“He described how some financial institutions condone unethical conducts by opening accounts for criminals and how they use innuendos to make suggestions of criminality to lure customers. He also pointed out that unethical investors undermine the ethics of the industry, and promised to deal decisively with the likes of them who infringe the law,” it added.
While calling on stakeholders in the industry to work with the anti-corruption agency, the ICPC boss noted that doing so would help in isolating the corrupt elements in the system.
Win your Court cases today, Get Affordable Supreme Court Law Reports >> CLICK HERE
BESTSELLER: Get A-Z of contemporary laws of ELECTRONIC EVIDENCE in Nigeria By Alaba Omolaye-Ajileye. To ORDER, sms or call : +2347063666998, +2348159307051 or email email@example.com
Supreme Court Judgments on Lands (1907-2013) and Nigerian Company Law Cases (1945-2016) are going for 120k per set.The Reports contain valuable and uncommon locus classicus for Legal research, opinion, and advocacy. Grab your copy now!!! Call 09091130714 or 07084004038