Presidential Panel to Investigate Banks Aiding Corruption - Malami

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The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), on Thursday, said the anti-corruption agencies would beam their searchlight on banks that had been aiding corrupt practices in the country.

He said the Federal Government, through his ministry, would work closely with Special Presidential investigation panel on Recovery of Public Property, the Economic and Financial Crimes Commission and the Independent Corrupt Practices and other related offences Commission to ensure that banks involved in corrupt practices are sanctioned.
Speaking during his first full day in office in Abuja after his Wednesday’s re-appointment as the AGF, Malami also promised to pursue judicial reforms, including proposing an amendment to the Constitution, that would provide an innovative way to tackle congestion of cases at the Supreme Court.

On financial institutions’ involvement in corruption, he said, “As bad news to the rogues within our financial system, in the next four years, the Federal Ministry of Justice, in collaboration with anti-corruption agencies, will beam searchlight on the financial institutions and non-designated financial institutions in order to make them pay dearly for the dastardly roles they played and are still playing in encouraging and deepening corruption in Nigeria.

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