Banks aiding corrupt agencies to divert government funds – Lawan

November 19, 2020
6 Views

Nigeria’s Senate President, Ahmad Ibrahim Lawan, Thursday, accused banks of aiding government agencies in funds diversion, saying officials of government couldn’t do that without their compromise.

Lawan who made the allegations when the leadership of the Institute of Forensic and Investigative Professionals of Nigeria (CIFIPN) paid him a visit in Abuja, expressed disappointment that government funds appropriated yearly by the National Assembly to agencies of government were diverted.

He lamented that revenue generating agencies of government were deep-necked in corruption having not remit what they generate into government coffers, a situation, he posited, wouldn’t be tolerated any longer.

“It is not only in government agencies that we have this kind of attitude, even in private organizations. So our anti-corruption agencies should go beyond looking at what the government agencies are doing.

“They should also look at what our banks are doing. Some of these banks, I don’t have figures or names, a lot of times we have placed implicit trust in them but monies are diverted and accounts that have no approval of the Accountant General to be opened will be operated.

He recalled how executives of agencies of government operate multiple accounts before the introduction of TSA, saying that the Accountant General of the Federation was helpless in those circumstances.

“The malaise of corruption is deep-seated, needing concerted efforts to tame, and so efforts at Nation-building should be continuous with all hands being on deck to achieve this success.

Lawan argued that it wasn’t the huge resources that determine infrastructural development, but the efficient and economic prudence, adding that when Nigeria had lots of resources, it went into private pockets.

In his own remark, the President of the CIFIPN, Dr. Ayeshetu Victoria Enape, said that the visit was primarily to urge the Senate to assist in passing a bill sponsored by the Institute which seeks to provide skills to relevant professionals on the use of science and technology to prevent detect and investigate corruption.

You may be interested

News

Meet filmmaker Akhabue Evans of Carel Films

Webby - November 30, 2020

<!-- Akhabue Evans --> Akhabue Evans By Taiwo Okanlawon Evans’s works are resonating now more than ever. Through his company,…

Gospel artiste Revelation Highway set to drop new music
News
News

Gospel artiste Revelation Highway set to drop new music

Webby - November 30, 2020

<!-- Revelation Highway --> Revelation Highway Fast-rising gospel artiste, Revelation Highway has hinted at a new music release for this…

2Baba, Nkechi Blessing, others congratulate L.A.X.
News
News

2Baba, Nkechi Blessing, others congratulate L.A.X.

Webby - November 30, 2020

<!-- L.A.X: acquires first house --> L.A.X: acquires first house Michael Adeshina Top Nigerian celebrities which include 2baba, Nkechi Blessing…

Leave a Comment

Your email address will not be published.