Deposit Money Banks in the country
to declare their assets.
The new order was made known via a circular through the Banking
Supervision Department of the CBN
to all the 19 commercial banks in the country about four weeks ago.
Punch reports that the apex bank
had given all bank officials only one
week ultimatum to complete the
assets declaration process to avoid
According to the report, all commercial banks, such as Ecobank
Nigeria, First City Monument Bank
Limited and Fidelity Bank Plc had
since complied with the directive.
The paper quoted a top official of
one of the tier-1 banks as saying
“All our staff members, from the
most junior to the most senior, were
asked to declare their assets through a court affidavit. It was handled by the company’s lawyer.
“We were asked to declare all our
assets, including developed and
undeveloped parcels of land,
properties, houses in Nigeria and
outside Nigeria etc. We were asked
to also declare everything, including power generators at home. We
complied within one week.”
It was learnt that the Economic and
Financial Crimes Commission and the Independent Corrupt Practices and Other Related Offences Commission might soon begin the examination of the details of the assets declaration forms vis-à-vis the properties some top bankers own.