Bank MDs’ investigation: CBN is involved
The Central Bank of Nigeria, CBN, has said that it is involved in the ongoing investigation of some managing directors of banks over alleged money laundering.
The CBN disclosed this in a statement issued by the bank’s acting Director, Corporate Communications, Mr. Issac Okorafor, on Monday.
The statement reads: “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,’’ the statement said.
It will be recalled that about four MDs of banks were arrested, and currently under investigation by the Economic and Financial Crimes Commission (EFCC) for allegedly receiving various sums of money from former petroleum minister, Diezani Alison-Madueke.
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