News
How Banks Are Aiding Fraud – Lawan
![](https://citymirrornews.com/wp-content/uploads/2020/11/Ahmad-Lawan.jpg)
Senate President Ahmad Lawan on Thursday urged the nation’s anti-corruption agencies to beam their searchlights on operations of commercial banks.
Lawan, in Abuja during his investiture and induction as Patron by the Chattered Institute of Forensic and Investigative Professionals of Nigeria, said: “It is not only in government agencies that we have this kind of attitude, even in private organizations.
Internal auditors seek independence to tackle corruption Unite against corruption, ICPC tells Nigerians.
“So, our anti-corruption agencies should go beyond looking at what the government agencies are doing, they should also look at what our banks are doing.
“Some of these banks, I don’t have figures or names, a lot of times we’ve placed implicit trust in them, but money are diverted and accounts that have no approval of the Accountant General to be opened will be operated.
“Before the introduction of TSA, we’ve had stories of hundreds of bank accounts operated by some agencies but of course we know the limit the Accountant-General of the Federation has approved for agencies of government to operate.”
He said findings by the National Assembly had revealed that many revenue-generating agencies under-remitted funds to the Consolidated Accounts.
He urged the federal government to explore relevant technology for the purpose of revenue collection by its agencies to prevent the diversion of public funds into private pockets.
-
News2 days ago
Osun Communal crisis: Slain NSCDC operative Buried Amid Tears [Photos]
-
News4 days ago
Kings Worshipping Idols Are Herbalists-Oluwo
-
News3 days ago
FIDA Calls For Prosecution Of Medical Doctor Accused Of Raping Teenage Admission-seeker In Osun
-
News2 days ago
NSCDC Officer Killed, Palace Burnt, Others Injured As Communal Clash Erupts In Osun Communities