EFCC Disowns Report on Banks

The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to a report purportedly written by it and addressed to the Central Bank of Nigeria, CBN, to indict six (6) banks over their alleged failure to submit their weekly transaction; among others.

Banks listed in the report which is already being circulated within the banking sector include Intercontinental Bank, Spring Bank, Oceanic Bank, Wema Bank, FCMB and Finbank. The Commission wishes to state that the report is fraudulent and did not emanate from it.

While the Commission remains committed to the promise of its Executive Chairman, Mrs Farida Waziri to monitor closely happenings within the banking sector, and prosecute appropriately any defaulter, it will not go out of stipulated rules and procedure for doing this.

In view of this, all the concerned banks, relevant agencies and the general public are therefore advised to disregard the report. The EFCC chairman has already directed that the report be properly investigated.