The Economic and Financial Crimes Commission (EFCC) has advised managing directors and top executives of banks to submit their asset declaration forms or risk 10 years imprisonment.

The anti-graft agency gave the top bankers till June ending to obey the order even as the initial deadline of June 14 has passed.

Newsrand could recall that in March 2021, EFCC Chairman, Abdulrasheed Bawa, gave top bankers, among others, till Tuesday, June 1, to declare their assets in line with the Bank Employees, ETC (Declaration of Assets) Act 1986. But due to non-compliance, the anti-graft agency extended the deadline till Monday, June 14, to allow bankers to comply with the order effectively.

https://newsrand.com/2021/06/20/efcc-to-bank-executives-declare-your-assets-now-or-risk-10-years-imprisonment/

There's somebody EFCC is haunting in the banking sector ...

yanabasee1:
There's somebody EFCC is haunting in the banking sector ...

If EFCC do not regulate the banking sectors you kids will start wailing again why the government allow banks go into bankruptcy.

Kaiser20:

If EFCC do not regulate the banking sectors you kids will start wailing again why the government allow banks go into bankruptcy.

Is it the EFCC that regulates bank institutions or CBN?


Mumu like you...


EFCC isn't regulating the banking system... They need their assets to checkmate their wealths..To avoid looting