Archive CBN orders workers in all commercial banks to declare...

CBN orders workers in all commercial banks to declare assets

-

- Advertisment -

The Central Bank of Nigeria, CBN, has ordered workers in all the 19 Deposit Money Banks in the country to declare their assets.

The new order was made known via a circular through the Banking Supervision Department of the CBN to all the 19 commercial banks in the country about four weeks ago.
Punch reports that the apex bank had given all bank officials only one week ultimatum to complete the assets declaration process to avoid clampdown.
According to the report, all commercial banks, such as Ecobank Nigeria, First City Monument Bank Limited and Fidelity Bank Plc had since complied with the directive.
The paper quoted a top official of one of the tier-1 banks as saying that, “All our staff members, from the most junior to the most senior, were asked to declare their assets through a court affidavit. It was handled by the company’s lawyer.
“We were asked to declare all our assets, including developed and undeveloped parcels of land, properties, houses in Nigeria and outside Nigeria etc. We were asked to also declare everything, including power generators at home. We complied within one week.”
It was learnt that the Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related Offences Commission might soon begin the examination of the details of the assets declaration forms vis-à-vis the properties some top bankers own.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Lagos Goes Cashless with Collection of Tolls at Lekki/Ikoyi Toll Gate

The Lagos State government has today begun the implementation of the cashless mode of payment by motorists at the...

Economic Activities Strong as IMF Executive Board Concludes 2019 Article IV Consultation with Republic of Tajikistan

The economic activities of Tajikistan have been rated strong as the International Monetary Fund (IMF) submitted its report after...

SERAP Drags Tells Abuja Municipal Area Council to Court over Payment of Life Pension to Council Chair, Speakers, Other Officials

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit at the Federal Capital Territory (FCT) High Court,...

MAMA Centre Trains Ngwo Women, Right Holders on Agrifinance

By Ijeoma Ukazu | To improve the lives and well-being of women who constitute the key agents of change in...

#IntegrityIcon Summit, Awards To Hold In Abuja

By MAYOWA ADENIRAN | The third edition of the annual #IntegrityIcon award and the summit is set to hold in...

Reporter’s Diary: Court on Monday, Police Custody on Tuesday- My Rewards For Reporting Atrocities

By Alfred Olufemi | Although, I have read about the victimization of journalists and the repressive attacks on press freedom,...

Must read

Lagos Goes Cashless with Collection of Tolls at Lekki/Ikoyi Toll Gate

The Lagos State government has today begun the implementation...
- Advertisement -

You might also likeRELATED
Recommended to you

%d bloggers like this: