EFCC Urge Banks To Investigate New Customers With Huge Sums Of Money

Investigate customers who open an account within a space of two months and a huge sum of money is found in the account. – EFCC tells Ecobank, Access Bank, Fidelity, others

EFCC Boss, Abdulrasheed Bawa said bank auditors must take issues of transparency in banking operations seriously.

“I will like to urge you to know your customers, know the kind of businesses they do before opening an account for them because some customers will open an account within a space of two months a huge sum of money is found in the account. So there is need for you to try and query these information including their linked accounts,” he said.