Economic and Financial Crimes Commission (EFCC) has instructed banks to start investigating their customers’ source of income.
The call was made by the EFCC Chairman Abdulrasheed Bawa when he was visited by the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) in Abuja.
According to him, “I will like to urge you to get to know your customers. Know the kind of businesses they do before opening an account for them because some customers will open an account and within a space of two months a huge sum of money is found in the account.
“There is the need for you to try and query this information, including their linked accounts,”
He reiterated that the anti-graft agency September 1 started holding banks liable on established cases of complicity in the sector.
He urged the auditors to ensure transparency in their dealings.
The Vice-chairman of the association Uduak Udoh alleged that some customers connive with bank officials in fund looting..
He said: “Some customers are conniving with bank personnel to loot funds. We want you to look into that area. Not only the banks, but we are also ready to give you all the cooperation you need.
“We want you to trust bank auditors with information sharing because we cannot support fraudulent officials as they are a threat.”