Ibrahim Magu, the acting Chairman of EFCC has asked banks to provide a list of corrupt customers ahead of the 2019 general elections.

Magu urged compliance officers of banks in Nigeria to be more diligent in their responsibilities, as a way of tackling money laundering and other fraudulent practices in the sector. He said compliance officers in various banks in Nigeria must also take ownership of the fight against corruption, which he described as one of the problems bedeviling the banking industry.

Speaking during an interactive session with Association of Chief Compliance Officers of Banks in Nigeria, ACCOBIN, in Lagos on Thursday, May 31, 2018, Magu said: “We need to find a common ground to work together. You have a responsibility to fight corruption.

“The Commission is ready to partner with you to ensure a healthy economy. We are ready to assist the banks in recovering their debts, but compliance officers must ensure due diligence, especially when giving out loans to customers. I know you sometimes need to protect some of your customers. But it is sometimes better that you do without some of these people; otherwise, you will be seen as conspiring with them to steal public funds.”

He further charged banks’ compliance officers to always provide the Commission with necessary information to assist it in carrying out its responsibilities, adding that “We must work together to save this country. Most of the banks are sitting on water. In fact, some of these banks are almost collapsing.

“I know there are questions you can’t ask, particularly it involves some individuals, but if you give us information on such people, we will move in. If there are fundamental issues that can affect your banks, you can give us the information, especially as another general election approaches. I don’t want to be charging banks alongside suspected criminals because doing so can wreak havoc on the economy. It will even discourage investors from coming to the country.”

source : https://www.made4naija.com/2018/06/efcc-boss-ibrahim-magu-tells-banks-to-provide-list-of-corrupt-customers/

He is not serious, the efcc should have a way of mining their own data

Cc Lalasticlala

How will bank know

Corrupt customers or Customers Suspected to be Corrupt

Na wah ooo, if u must do ur job well then u must place ur officers in the banks to work with them. You dont expected a banker that is paid less to name his benefactors. Na there una go sleep oooo, The glaring polithiefians u never finish 1/100th case na bank customers u dey chase, ur mumu no be here.

Then don come ooooo.



Naija sha

This Magu sef

Are banks now an investigative body or the courts to declare someone corrupt?

What have you done to the corrupt politicians with enough evidence? Eye service EFCC boss

Them go sue nonsense for those banks head.. Let them try it first

If he's talking to Nigerian commercial banks, he should stop wasting his saliva. Nigerian commercial banks are a physical embodiment of the saying that Nigeria is fantastically corrupt.

Are you kidney me?

Banks must start collecting salary from EFcc now They've started doing there job for them

Bank ceo and senior mgt shud top that list

magu acting like a saint
he should go and arrest that grass cutter
the if, amaechi, tinubu , then I'll take him serious

through bvn

Speakdatruth:
How will bank know

boo.hari wants to cripple the opposition, it will never work for him

Go an sit dan......

You say what,,,? You must be joking

This wan go hard

Well done EFCC

This is tremendously stupid. How are banks supposed to know? Are they investigative entities?

y shud magu fly dey super eagles with dat expensive jet.. Magu didnt finish his piloting school. Our boys are in danger.. Up eagles

yeyerolling:
Bank ceo and senior mgt shud top that list

you are on point..Those bankers wey dem be thieves..and they do a lot of illegal deals..

Orisirisi

No one will give him any list

Bakayoko.
present his name now please.