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Bawa: EFCC to Demand Assets Declaration from Bankers from June 1

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Come June 1, the Economic and Financial Crimes Commission (EFCC) will be demanding the assets declaration forms of all bankers in Nigeria.

Briefing State House correspondents on Tuesday in Abuja, after a meeting with President Muhammadu Buhari at the Presidential Villa, the EFCC chairman, Abdulrasheed Bawa, announced that bankers would be required to present the forms from June 1,

“The EFCC, come June 1, 2021, will be demanding these assets forms filled by the bankers and for us to see that the line that we have drawn from June 1 is fully complied with by all, bankers in particular,” Bawa said.

He explained that the commission took the decision following concerns raised on the roles played by bankers in the fight against corruption.

Bawa stated that this was because criminals would always want to have access to the proceeds of their crime.

He noted that bankers would be asked to declare their assets and the commission would ensure that all employees in the nation’s banking industry comply with the directive.

The EFCC chief said, “The assurance that I am going to give Nigerians going forward is that we will do our best to ensure that this country is free of economic and financial crimes.

“We understood that the tail end of every financial crime is for the criminals to have access to the funds that he or she has illegitimately gotten, and we are worried about the roles of financial institutions.”

“God willing, we hope that all financial institutions, particularly the bankers will declare their assets as provided for by the law in accordance with the Bank Employees, Etc. (Declaration of Assets) Act.

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