Anti-corruption and elections / EFCC

Magu Expresses Worry over Tide of Insider Abuse in Banks

The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu on Tuesday, April 30, 2019 warned banks to ensure a proper monitoring of their staffs in order to stem the increasing tide of insider abuse and compromise of confidentiality among bank staffs. Magu, who stated this in Gombe, the Gombe State capital during an interactive session with regional compliance officers of commercial banks, was represented by the Gombe Zonal Head of the Commission, Michael Wetkas. He reminded the bankers that banks are critical stakeholders in EFCC's operations, noting that it was f…