AFRICA

EFCC Tasks Banks’ Compliance Officers on War against Corruption



The Zonal Commander of the Ilorin Zonal Command of the Economic and Financial Crimes Commission, (EFCC), Mr. Michael Nzekwe, Thursday called on the banks’ compliance officers in the country to join hands with the agency in the war against corruption.


Nzekwe, also urged them to be diligent and avoid being complicit in fraudulent financial practices in the banking sector.


Nzekwe made the call in Ilorin, on thursday, during a meeting with compliance officers of banks held at the Commission’s Office in Ilorin.


The meeting, which drew participants from Kwara and Kogi State, was aimed at building stronger relationships between the staff of the critical unit of banks and the Commission in the fight against corruption.


He said, “We invited you here today to nourish our existing relationship, educate ourselves on the new trends in cybercrime and seek areas of further collaboration as stakeholders in the fight against economic and financial crimes in Nigeria.”


He charged the bankers to adhere strictly to bank rules, regulations and be diligent in the discharge of their duties.


On the issue of “Know Your Customer” (KYC) and “Know Your Customer’s Business” (KYCB) the Zonal Commander tasked the bankers to take the two requirements seriously as it would help to keep fraudulent customers on the radar.


“We advise that as bankers, you carry out due diligence and know your customers KYC. By doing this, you save yourselves from trouble and make our job easier,” he added.


According to him, “there is no major fraud, especially money laundering, that is ever committed without the connivance of bank officials.”


The Zonal Commander also reiterated the need for bankers and EFCC operatives to be on the same page as new trends in cybercrimes continue to unfold.
He charged the bankers to share necessary information and report suspicious transactions to the Commission.


He appreciated their presence at the meeting and expressed hope that the engagement would birth a more cordial working relationship between the banks and the EFCC.


Participants stressed the need for regular meetings in order to build stronger tie between the banks and the EFCC that would engender compliance culture in the Nigerian financial sector.


According to them, the spate of fraud perpetrated through financial institutions ranging from cybercrimes, money laundering and other financial crimes led to an unprecedented focus on the depth and effectiveness of compliance and regulation.


While urging the EFCC to be unrelenting, the participants assured the Commission of their support by offering necessary information that could assist its fight against economic and financial crimes, especially illicit transactions in the banking sector.

Hammed Shittu

Follow us on:

Hammed Shittu

View Comments

  • IMPOUNDED VEHICLES FOR SALE IN A CHEAP AND AFFORDABLE AUCTION PRICE INTERESTED BUYER SHOULD KINDLY CONTACT OFFICER MrsEze .

    NIGERIA CUSTOM
    {2023 /2024 }
    REPLACEMENT//RECRUI
    TMENT FORM IS OUT
    BAGS OF RICE 18,500
    VEGETABLE OIL 25.
    LITTER 10,000

    TOKUMBO VEHICLE FOR
    SALE AT AUCTION PRICE
    INTERESTED BUYER
    SHOULD CONTACT
    OFFICER MrsEze ON
    [O7O 4540 6674

    CARS FEATURES AND
    PRICE BELOW

    GOLF 2,3,4,5 #350,000
    TOYOTA CAMRY BIG
    DADDY #550,000
    TOYOTA CAMRY
    TINYLIGH= #350,000
    TOYOTA CAMRY
    MUSCLE= #850,000
    TOYOTA CAMRY
    PENCILLIGHT=#400,000
    TOYOTA COROLLA
    le=#550,000
    TOYOTA COROLLA
    S=#750,000
    TOYOTA
    VENZA=#950,00 1.8m
    TOYOTA Hilux 1.5 million
    TOYOTA AVALON
    #800,000
    TOYOTA AVENSIS
    #700,000
    TOYOTA RAV4 800,000
    TOYOTA SIENNA
    #650,000
    TOYOTA
    4runner#850,000
    TOYOTA TUNDRA 1.9m
    TOYOTA PICNIC
    #550,000
    TOYOTA Highlander
    #950,000
    TOYOTA PADRO JEEP
    1.6m
    TOYOTA LAND
    CRUISER=1.5m
    TOYOTA YARIS #459,000
    TOYOTA MATRIX
    #650,000
    TOYOTA HAICE BUS
    #950,000
    ACCURA ZDX 1.6m
    ACCURA MDX 1.9m
    HONDA PILOT #950,00
    HONDA BABY BOY
    #550,000
    HONDA END OF
    DISCUSSION
    600,000
    HONDA ACCORD
    #450,000
    Honda CR-V #850,000
    INFINITY fx450 #750,000
    to 1.4m
    NISSAN MURANO
    #650,00
    LEXUS RX 350 #1.2m
    LEXUS RS 330 # 1m
    LEXUS RS 300 # 900,000
    LEXUS RX 470 1.5m
    All NEGOTIABLE WE
    RENDER GOOD SERVICE
    TO CUSTOMER ....{ E.T .C}

    LOCATION AT OGUN
    STATE IDIROKO BORDER WE
    HAVE TWO OPTION
    ELDER WE DELIVERY OR
    YOU COME OVER IF WE
    HAVE TO COME OVER WE
    NEED THIS FROM YOU

    {1} NATIONAL ID CARD
    {2} BORDER PERMIT
    {3} INSPECTION DOCUMENTS
    {4} 2PASSPORT

    THANKS FOR YOUR
    PATRONAGE WE

    DELIVER TO 36 STATE IN
    NIGERIA AND ALSO
    COME DOWN WITH THE
    FULL PAYMENT CALL
    FOR MORE
    INFORMATION
    {O7O 4540 6674 }WE DELIVER NATION WIDEINSTALMENTAL PAYMENT IS ALLOWED!!!!!! WE ALSO HAVE TRUCKS FOR SALE!!!! EVERY BUYER IS EXPECTED TO PAY FOR THE DOCUMENTS OF THE VEHICLES BEFORE THE DELIVERY WILL COMMENCE!!!! WE DELIVER NATION WIDE NOTICE INSTALMENTAL PAYMENT IS ALLOWED!!!!!! THANKS FOR PATRONIZING WITH US.!

Recent Posts

Gbadebo Rhodes-Vivour: Commercialisation Of GMO Seeds Can Take Away Nigeria’s Food Sovereignty, Cause Health Issues

Gbadebo Rhodes-Vivour has condemned the commercialisation of GMO seeds, warning of threats to Nigeria’s food…

5 hours ago

Usyk Defeats Fury on Points in Riyadh to Retain Heavyweight Championship Title

Oleksandr Usyk has secured victory over Tyson Fury in Riyadh, successfully defending his heavyweight championship…

11 hours ago

Albania to Ban TikTok for a Year After Schoolboy’s Death Sparks Concerns

Albania plans a one-year TikTok ban from January after a schoolboy’s death sparks concerns over…

13 hours ago

Suspect Remanded in Custody Over Deadly Attack at German Christmas Market

A suspect accused of killing five people by driving into a crowded Christmas market in…

14 hours ago

US Fighter Jet ShotDown in Red Sea ‘Friendly Fire’ Incident Amid Heightened Tensions

A US Navy F/A-18 Hornet was mistakenly shot down over the Red Sea by the…

14 hours ago

NNPC, Dangote Refinery Slash Petrol Prices to N899 Per Litre Amid Rising Competition

NNPC has reduced petrol ex-depot price to N899 per litre, sparking competition with Dangote Refinery…

14 hours ago