ICPC speak , accuses banks of aiding criminals

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission, Prof Bolaji Owasanoye , has lamented the role of some financial institutions in financial crimes, saying some of them opened accounts for criminals and provided services that helped criminal acts .

The spokesperson for the commission , Rasheedat Okoduwa , said in a release that Owasanoye made the statement during the visit of the management of Bank of Industry to the commission ’ s headquarters in Abuja.

The commission spokesperson said the ICPC would ensure continuous clampdown on corrupt elements in the industry , stressing that unethical investors undermined the ethics of banking industry .

“The ICPC chairman has pledged the commission ’ s commitment to working together with financial institutions in order to rid them of corrupt elements .

The chairman expressed concerns at the complicity of a few of Nigeria ’ s financial services industry in the ruination of the country, stating that one bad apple can ruin the entire bunch, ” said the statement .

“ He described how some financial institutions condone unethical conducts by opening accounts for criminals and how they use innuendos to make suggestions of criminality to lure customers .

He also pointed out that unethical investors undermine the ethics of the industry , and promised to deal decisively with the likes of them who infringe the law, ” it added .

While calling on stakeholders in the industry to work with the anti – corruption agency , the ICPC boss noted that doing so would help in isolating the corrupt elements in the system .

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