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Saraki urges banks to back anti-graft drive

13 November 2015, 08:45

Abuja - Senate President Bukola Saraki, has called on local  banks to partner with the Federal Government to tackle corruption in the sector.

He stated this when the management of Fidelity Bank Plc, led by its Managing Director and Chief Executive Officer Nnamdi Okonkwo visited him at the National Assembly in Abuja.

Saraki said the banks had a major role to play in stamping out corruption from all aspects of the economy.

He added that the banks were at a vantage position to disclose any suspicious transactions to the  relevant authorities.

Also Read: Supreme Court halts Saraki’s trial at CCT

"I think also that the area that is key is the fight against corruption. The banks must play a role in knowing their customers," Saraki said.

He said banks must be accountable for the activities their customers.

Meanwhile, the Senate President further urged banks to ensure that they lend needed support to farmers in order to boost food production and stimulate the growth of agriculture.

Earlier, Okonkwo thanked the Senate President for receiving his team despite his busy schedule.

He said the visit was in line with his bank's ongoing engagement with critical stakeholders in the economy.

Okonkwo added that Fidelity Bank had been and would continue to provide support for Small and Medium Scale Enterprises (SMEs), industries and telecommunication sectors in order to grow the economy. 

- CAJ News


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