Apex bank directs bankers to declare assets

folarin okunola

August 15, 2016 9:33 AM

The directive came from the CBN's Banking Supervision Department and was sent out to all 19 banks currently operating in the country.

Central Bank Of Nigeria Governor, Godwin Emefiele

Media reports reveal that the

The directive came from the CBN's Banking Supervision Department and was sent out to all 19 banks currently operating in the country, according to Nigeria CommunicationsWeek.

Punch Online reported that top officials of Ecobank, Fidelity Bank and FCMB have already confirmed the report.

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“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,” said a banker who spoke anonymously.

Other reports quote top bank executives saying the CBN directive is part of the Federal Government's plan to cover the private sector in its anti-corruption crusade.

folarin okunola