The Central Bank of Nigeria (CBN) in alliance with law enforcement agencies are investigating some controversial financial transactions in some commercial banks operating in the nation.
Our checks reveals that about five banks, Access, FCMB, Fidelity, Firstbank and Sterling bank are being investigated by the Economic and Financial Crimes Commission (EFCC) over transactions undertaken at the order of the past Minister of Petroleum Resources, Mrs Diezani Alison – Madueke, who is also under investigation for international money laundering and graft.
According to a statement issued, Monday, by Mr. Isaac Okorafor, Central bank’s acting Director, Corporate Communications,
“The CBN wishes to inform all customers of Deposit Money Banks, that it is fully aware and indeed a part of the ongoing investigation of certain financial transactions in some banks by law enforcement authorities.
“The CBN is also carrying out its own special examinations and investigations to ascertain the veracity of some allegations, as well as the extent and persons that maybe involved in such activities.
“The bank will like to reiterate that financial systems stability remains a priority and therefore assures customers and stakeholders that it will not allow the banking system to be used as a conduit for any illicit transaction.
“Some of these investigations are routine and only relate to isolated transactions; therefore, it is important to state that the safety and soundness of the Nigerian Banking Industry remains strong,’’ he concluded.