Home » News » Saraki Tasks Banks On Corruption Fight

Saraki Tasks Banks On Corruption Fight

•As Senators, Aides Gear Up For Facebook Training

Senate President, Senators Abubakar Bukola Saraki, has urged commercial banks operating within the country to partner with the Federal Government to effectively tackle corruption in the system.

This is even as a machinery is in motion to train the 109 senators, as well as their aides on the use of the Facebook and other social media for effective communication on issues relating to public policy and good governance.

Speaking when the management of Fidelity Bank Plc, led by its Managing Director and Chief Executive Officer, Mr. Nnamdi Okonkwo, visited him at the National Assembly, Saraki noted that the banks are at a vantage position to disclose suspicious transactions to the relevant authorities.

Saraki stated that the banks have a major role to play in stamping out corruption from all aspects of the economy. “I think also that the area that is key is the fight against corruption.

The banks must play a role in knowing your customers, not only in knowing your customers, but also being accountable for the activities of your customers because in developed societies, banks know that, if their customers are being questioned in any activity, they too, are responsible for either not bringing it to the attention of the government because there is nothing that happens that does not go through the banking system.

“So, if the banking system is tight, it will bring the greatest contribution in fighting corruption even more than anywhere else because at the end of the day, it must come through the banking system. But I think when the banks turn a blind eye, saying it is not (their) business that does not help. I think we need to start looking at that in supporting the government in addressing this area,” Saraki said.


-Teddy Nwanunobi, Abuja

%d bloggers like this: