Olukoyede tasks bank auditors on tackling graft war


By Kenneth Atavti

The Chairman of the Economic and Financial Crimes Commission, Mr. Ola Olukoyede has called on Audit Executives in banks across the country to be more vigilant and assertive in tackling financial crimes in the banking sector.

He gave the charge in Abuja on Monday, at the 2024 Annual retreat of the Association of Chief Audit Executives of Banks in Nigeria, ACAEBI. The EFCC’s boss frowned at the raft of fraudulent activities associated with the local banking industry and charged bank auditors to do more in sanitizing and strengthening the financial sector and growing the economy.

The EFCC boss who spoke through Director, Internal Audit of the Commission, Idowu Oluwole-Apejoye, further noted that banking fraud across the country often has either inside or outside enablers.

“Broadly speaking, banking fraud in Nigeria is both inside and outside-related. The insider-related fraud comprises outright stealing of customers’ deposits’ authorized loan facilities, forgery and several other kinds of unhealthy and criminal practices. The outsider-related ones include hacking, Automated Teller Machine, ATM, fraud, conspiracy among others. And the absurd one is when there is collaboration between the both of them,” he said.

Gunmen invade Benue communities, kill soldier, farmers Nigerian Army has confirmed the killing of one soldier and another wounded by suspected armed herdsmen at a village in the Apa Local Government Area of Benue State where troops have been deployed to keep the peace over persistent attacks in the area.

The Force Commander of Operation Whirl Stroke (OPWS) Major General Sunday Iserihen Igbinomwanhia who confirmed this to newsmen on Monday said one personnel was killed and one injured.

He said the troops in response killed three and injured several of the herdsmen, adding that one AK-47 and rounds of ammunition were recovered from them.

Maj. General Sunday also intimated that OPWS is carrying out a clearance operation to flush out suspected armed foreign herders who have invaded the Kwande Local Government Area of the state where many villagers had been killed over the weekend.

Last month, a soldier was killed and two others injured in Agatu Local Government Area of Benue State when suspected herders laid ambush on the troops in what has become a styled gorilla attack on both farming communities and troops deployed for peacekeeping.