• Fri. Apr 19th, 2024

EFCC Demands Asset Declaration From Bankers

The Chairman of EFCC, Abdulrasheed Bawa.

 Economic and Financial Crimes Commission (EFCC) says it will be demanding the assets declaration forms of all bankers across the country.

The Chairman of EFCC, Abdulrasheed Bawa, who announced this while addressing State House correspondents following a meeting with President Muhammadu Buhari at the Presidential Villa, said bankers, would be required to present the forms from June 1st.

 “The EFCC, come June 1, 2021, will be demanding these assets forms filled by the bankers and for us to see that the line that we have drawn from June 1 is fully complied with by all, bankers in particular,” he said.

Abdulrasheed Bawa who explained that the commission took the decision as a result of concerns raised on the roles played by bankers in the fight against corruption said the EFCC would ensure bankers comply with the Bank Employees, Etc. (Declaration of Assets) Act.

 He maintained that this was because criminals would always want to have access to the proceeds of their crime.

 “We understood that the tail end of every financial crime is for the criminals to have access to the funds that he or she has illegitimately gotten, and we are worried about the roles of financial institutions.” The Chairman of EFCC reiterated.