Business

Lawan Raises Alarm As Banks Connive With MDAs To Divert Funds

Some banks are colluding with MDAs to divert public funds, Ahmad Lawan raises alarm.

 

TruetellsNigeria reports that President of the Senate, Ahmad Lawan on Thursday accused some banks of conniving with certain categories workers in government agencies to divert public funds to private pockets.

Lawan went further to urge the anti-corruption agencies to focus more on the activities of the banks especially their handling of government funds.
This senate president made this known while speaking briefly during a ceremony in his office where the executive officers of the Chartered Institute of Forensic and Investigative Professionals of Nigeria made him their patron.
In his words,  “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 are being operated.
“Before the introduction of TSA, we have had stories of hundreds of bank accounts operated by some agencies but of course, we know the limit the Accountant-General of the Federation has approved for agencies of government to operate.

“Whenever and wherever we want to fight corruption, we must ensure that we emphasise on prevention because corruption has been in existence, maybe as old as when human beings started to live on earth.”

 

TruetellsNigeria

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