EFCC chairman, Abdulrasheed Bawa
By ADEWALE SANYAOLU
Palpable fear has enveloped the banking sector over today’s deadline issued by the Economic and Financial Crimes Commission (EFCC) that it will begin demanding asset declaration form from bankers as part of measures to enforce the provisions of the Bank Employees, (Declaration of Assets) Act 1986.
Some of the bankers who spoke to Daily Sun in separate interviews said they were making last minutes efforts to beat the EFCC deadline.
Section 1 of the Act makes it mandatory for every employee of a bank to make full disclosure of assets upon employment, and annually in subsequent years.
The penalty for violation of the Act, as spelt out in section 7(2), includes imprisonment for a term of 10 years;
“Any employee guilty of an offence under subsection (1) of this Section shall on conviction be liable to imprisonment for 10 years and shall, in addition, forfeit the excess assets or its equivalent in money to the Federal Government”.
When contacted, Head, Communications and External Affairs Group, Guaranty Trust Bank(GTB), Oyinade Adegite, said the practice of asset declaration is an integral part of the bank’s corporate governance ideals and that it had been complying with such prior to the EFCC directive
EFCC in its latest newsletter for the month of May, a copy made available to Daily Sun, said the EFCC Chairman, Abdulrasheed Bawa, says he will be demanding the asset declaration forms of operators in the Nigerian banking sector.
Bawa , at a meeting with President Muhammadu Buhari, on March 16, 2021, declared that by June 1, he would be demanding the asset declaration forms of bankers.
“All we are saying is that come June 1, we are going to be demanding for it (assets declaration forms). We want to look at it vis-à-vis other information that we have.
It is something that as an institution we have resolved to do. Of course, we expect stiff resistance, but we are determined,” he said.
EFCC said the announcement expectedly drew mixed reactions, with some questioning the powers of the EFCC to issue the notice, while others applauded the move, saying it was long overdue. It added that with the June 1 ‘deadline’ just by the corner, there is trepidation in the banking sector amid permutations about the possible scenarios in the coming weeks. (Daily SUN)
About the Author
adult ads
dating personals
free local dating sites
is kathie lee gifford dating
surge gay dating promo codes
gay autistic dating
gay asian dating service
gay dating seattle
gay dating site south africa
gay dating seite
gay dating site in san antonio
gay thugs dating
old jewish gay men dating
search gay dating
gay midget dating
[url=”http://gaychatrooms.org?”]gay dating through facebook[/url]
gay asian dating horror
black and white gay dating
gay dating sites review
gay older dating
gay dating frederivk
reddit gay dating tips
rules of gay dating
gay dating 101
gay samoan men dating
gay dating in netherland
american gay dating usa
gay hunt dating
gay male leather dating
best gay dating sites
dating gay lesbian
dating gay lesbian service
gay gold digger dating
fnaf gay dating sim
gay dating club
gay dating meme
gay bear dating online free
persuasive essay writing
write a essay for me
writing an argument essay
compare and contrast essay examples
self introduce essay
best custom essay writing service
3d computer sex games
sleep sex games
realistic sex games
sex games korra
group sex games
sex games no credt card
stripping sex games
naked family sex games
online flash sex games
diet coke on keto
keto broccoli
keto mojo meter
about keto diet
keto alcohol drinks
keto noodles
sex games college guess
frozen sex games
sex games no credt car
how write an essay
writing a personal essay
write your essay
writing a college essay
appendix in an essay
writing persuasive essay
write college essays<
reflective essay examples
writing compare and contrast essay
rhetorical analysis essay outline
which sentence most likely comes from a narrative essay
writing an essay
nipples gay chat
transcripts of first time gay chat
gay chat rouletter
best free vpn app
best ree vpn
vpn free download for pc
steps of critical thinking
critical thinking lesson plan
critical thinking examples
quotes about critical thinking
hesi a2 critical thinking study guide
good guy lucifer critical thinking
critical thinking and perception
how to teach critical thinking
barriers to critical thinking
writing an essay
essay conclusion words
essay helper free
200 word essay
free essay writer program
what is an argumentative essay
asian gay chat phone lines free
gay bi and male text chat
gay chat rooms phoenix
gay macho dating
frer gay male dating app
gay filipino dating
chubby cchup gay dating
gay bareback dating
about dating gay spanish men rtics
paid gay escort dating
gay latino’s, dating site’s
gay boys free dating websites
proquest dissertation
dissertation essay help
dissertation title page
uk dissertation help
dissertation writing process
professional dissertation help
dissertation writing and editing
doctorate degree online no dissertation
anthropology dissertation help
masters dissertation writing services
what is a dissertation defense
cheap dissertation writing help