NDIC Strengthens Partnership With ICPC

NDIC Strengthens Partnership With ICPC

Mariam Sanni, Abuja

In a bid to minimize the risk of bank failure in order to protect depositors, Nigeria Deposit Insurance Corporation (NDIC) has inaugurated Anti-Corruption and Transparency Unit (ACTU).

The Managing Director/Chief Executive of the Corporation, Umaru Ibrahim during his remark explained that the corporation has zero tolerance for all forms of malpractices.

Alhaji Ibrahim stated that based on its mandate and supervisory activities, the NDIC is at the forefront of the fight against corruption through the enforcement of good corporate governance, transparency and accountability.

He described the inauguration of the NDIC Anti-Corruption and Transparency Unit (ACTU) as good development as it will further strengthen the Corporation’s resolve and its partnership with other government agencies involved in the anti-corruption fight towards promoting credible and effective service delivery in the public sector.

Alhaji Ibrahim further noted that the NDIC has been organizing annual capacity building seminars for strategic stakeholders such as the ICPC, Economic and Financial Crimes Commission (EFCC), Special Fraud Unit and Nigeria Financial Intelligence Unit of the Nigeria Police Force in the area of financial crime investigation.

He also expressed the readiness of NDIC to sustain its participation in the capacity building programmes organized by the ICPC Training Academy.

Responding, the Acting Chairman of Independent Corrupt Practices and other related Offences Commission (ICPC)Alh. Abdullahi  Bako said ACTU was created by the ICPC in 2001 in all government agencies to curb corrupt practices and to establish transparent processes and procedures in the public sector.

Alh. Bako who was represented by the Head of Anti-Corruption and Transparency Unit, Mr. Justin Kuatsea commended the NDIC for its commitment to transparency and accountability in the discharge of its regulatory responsibilities.

He concluded his remarks by expressing the hope that the inauguration of the unit would create synergy for effective collaboration between the two agencies.

Nigerian Online Newspaper=

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