Abubakar Malami (SAN), the Attorney-General of the Federation and Minister of Justice, has said anti-corruption agencies would probe banks that had been aiding corrupt practices in the country.
According to Malami, the Ministry of Justice would work closely with the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and other related offences Commission (ICPC) to ensure that banks involved in corrupt practices were sanctioned.
The AGF said this on Thursday during his full resumption in office in Abuja.
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.
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On the role of banks in 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.
“From arms procurement fraud, INEC bribery case to Diezani case and several others, quantitative data available to the Federal Government abundantly shows that financial institutions are directly involved in most of the major corruption cases investigated by the Economic and Financial Crimes Commission and the Independent Corrupt Practices and other related offences Commission from 2015 till date.”
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