Acting chairman of the Economic and Financial Crimes commission, Ibrahim Magu has accused Nigerian banks of encouraging looters in the country.
Magu blamed banks in the country for creating a friendly atmosphere for looters to steal money, noting that they were doing everything possible to make sure that the Nigeria Financial Intelligence Unit, NFIU, was severed from the agency.
He said, “I don’t trust the financial institutions. They create enabling
Hid statement came a few days after the Nigerian senate voted to separate the Nigerian Financial Intelligence Agency from the EFCC.
The Senate said the move was to enable Nigeria to rejoin the Egmont group after it was recently suspended for leaking sensitive financial information to the media.