Anti-corruption and elections / EFCC

Magu Warns Banks Against Suspicious Transactions

The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu on Friday, February 15 advised Compliance officers of banks to report suspicious transactions to the EFCC as the general elections commence. The Acting Chairman stated this during a meeting with compliance officers of various banks in Benin City, Edo State. Magu who was represented by Mailafia Yakubu, Benin Zonal Head of the Commission said based on information at the disposal of the Commission, politicians may want to use banks for illicit transactions before, during and after the elections. "Once the tran…