The Chartered Institute of Bankers of Nigeria, CIBN and the Economic and Financial Crimes Commission, EFCC have resolved to strengthen their collaboration in tackling corruption in the financial sector.
This was made known yesterday by the chairman of CIBN, Bayo Olugbemi, whike speaking during a courtesy visit to the EFCC’s headquarters in Abuja on Monday.
Olugbemi stated that there was need to intensify collaboration and sought the support of the EFCC in sanitizing the financial sector.
He noted that there are bad elements in the banking sector, and expressed optimism that the engagement with the EFCC will “foster advocacy, propose laws and its amendments, enhance character audit and uphold ethics and professionalism”.
He further requested EFCC’s assistance in the area of training and certification that will assist the Institute in dealing with emerging challenges.
The CIBN mooted the idea of having a memorandum of understanding, MoU, which would moderate the activities of the two organizations.
In his remark, the Director of Operations, Abdulkarim Chukkol, who stood in for the Executive Chairman, Abdulrasheed Bawa, appreciated the team for their visit, and stated that the EFCC was ready to collaborate with stakeholders in enhancing the fight against corruption.
“The EFCC alone cannot fight this crime, we understand that there will be challenges; it is the collective responsibility of everyone and we are ready to continue this conversation beyond here,” Chukkol said.