Uphold Regulations, EFCC Chairman Urges Bank CEOs

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Mr. Ola Olukoyede, the Chairman of the Economic and Financial Crimes Commission (EFCC), has emphasized the importance of adherence to regulations and ethical standards by Chief Executive Officers (CEOs) of banks to combat economic and financial crimes.

During a courtesy visit by the Body of Bank CEOs, represented by the Chartered Institute of Bankers of Nigeria, Olukoyede highlighted the need for ethical reorientation among bank workers to ensure the integrity of the banking sector.

In a statement released by the EFCC’s Head of Media and Publicity, Dele Oyewale, Olukoyede expressed concern over sharp practices and unethical behavior within the banking industry. He emphasized that adherence to extant regulations is crucial in curbing banking fraud, which significantly impacts the economy. Olukoyede urged bank executives to prioritize playing by the rules to foster trust and promote economic growth.

Source: Parrot Nigeria

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