Close Menu
  • Home
  • Akwa ibom
  • Big Story
  • Education
  • Recruitment
  • Uncategorized
Facebook X (Twitter) Instagram
  • About Us
  • Disclaimer
  • Corrections Policy
  • Editorial Policy
  • Terms and Conditions
  • Privacy Policy
  • Contact Us
Facebook X (Twitter) Instagram
Ibom FocusIbom Focus
Subscribe
  • Homepage
  • About Us
  • Big Story
    • Crime
    • General News
    • Foreign News
    • Education
    • Politics
  • Disclaimer
  • Corrections Policy
  • Editorial Policy
  • Terms and Conditions
  • Privacy Policy
  • Contact Us
Ibom FocusIbom Focus
Home»News»Business»EFCC Sends Strong Warning To Banks Over Customers’ Accounts –
Business

EFCC Sends Strong Warning To Banks Over Customers’ Accounts –

Ibom FocusBy Ibom FocusMay 11, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
SHARE THIS:
EFCC Sends Strong Warning To Banks Over Customers’ Accounts
Customers' Accounts
Efcc chair

The Economic and Financial Crimes Commission (EFCC) has called on compliance officers of banks across the country to desist from unauthorized disclosure of EFCC’s investigation activities and request from banks to their customers.

The Executive Chairman of the commission, Ola Olukoyede, made this declaration during a meeting with compliance officers of banks in Ibadan, the Oyo state capital.

Olukoyede, who spoke through the Acting Zonal Director of the Ibadan Zonal Command of EFCC, ACE I Hauwa Garba Ringim, said that the commission is aware that some compliance officers are giving some information to customers.

He decried the unhealthy support fraudsters receive from the banking sector in Nigeria

The commission boss stressed that such an act is posing considerable challenges and concerns to the commission.

According to him, the EFCC is aware of the fact that compliance officers give information to their clients regarding ‘letters of investigation activities’ written to the banks from the EFCC.

He insisted that such attempts usually jeopardise the investigation exercise of financial crimes and delay corruption cases from being filed before the law court.

He decried the unhealthy support fraudsters receive from the banking sector in Nigeria, stressing that it is posing considerable challenges and concerns to the Commission.

The EFCC’s boss also urged them to always respond to letters received from the Commission with certified true copies, including instruments of transactions of beneficiaries or sources, as this will expedite the process of investigation to a logical conclusion.

Olukoyede, while speaking further, maintained that that illegal dealings and trading in naira with the Point-of-sale (POS) operators must stop.

“What we notice and see around lately is that Nigerians can only withdraw a small amount of their money with the banks in Automated Teller Machine (ATMs) but POS operators evidently go around with huge amounts of money gotten from the banks.

“This is not fair to Nigerians and we must fight it head-on.”

SHARE THIS:
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Ibom Focus
  • Website

Related Posts

BREAKING: No Substantial Reason to Stop New Tax Laws — Tinubu Blows Hot

December 30, 2025

How Muslims Exempted From Tinubu’s Tax Payment 

December 24, 2025

China Pledges Support For Nigeria’s Port Modernisation, Automation Projects

November 25, 2025
Tag Cloud
2024 Budget AFCON 2023 APC Army Assassination Catholic Church CBN Christian Genocide Climate Change Coup Plot Davido DNA Test Donald Trump Economic Hardship EFCC Election Results Flat Earth Fuel Subsidy Future of News Golden Globes Governorship Election Gyado T Emmanuel Lawmaker Market Stories Minimum Wage Ministerial Appointment Ministerial List Mohbad MotoGP 2017 Mr. Robot Nationwide Strike NLC President Obasanjo PDP PDP Chairman Pregnant Woman Presidential Election Presidential Yacht Rivers Crisis Senate Sillicon Valley Terrorists Tinubu United Stated US




Recent Posts
  • Nigeria, Bangladesh Move to Expand Military Training and Strategic Cooperation October 8, 2026
  • Adeniyi Activates Customs Anti-Corruption Framework, Approves ICRAM Rollout October 8, 2026
  • NAF Secures Igbokoda Crash Site, Begins Evidence Preservation as CAS Visits October 8, 2026
  • COAS Backs Hosting of Africa’s First Indoor Archery Championship in Nigeria October 8, 2026
  • EFCC Targets ‘Yahoo Yahoo’, Investment Fraud, Illegal Mining in Nasarawa, Plateau October 8, 2026
Search
Ibom Focus
Facebook X (Twitter) Instagram Pinterest Vimeo YouTube
  • About Us
  • Disclaimer
  • Corrections Policy
  • Editorial Policy
  • Terms and Conditions
  • Privacy Policy
  • Contact Us
© 2026 Ibom Focus. Designed by Domo Tech Media.

Type above and press Enter to search. Press Esc to cancel.