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Home Corruption

NDIC addresses allegations of financial impropriety involving staff

Oluwaseun Sonde by Oluwaseun Sonde
2 years ago
in Corruption
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Nigeria Deposit Insurance Corporation (NDIC) Management’s attention has been drawn to media report by the Peoples’ Gazette and Sahara Reporters over allegations of financial impropriety involving one of its staff members.

 

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According to the statement released by the Corporation Spokesman, Bashir Nuhu over the weekend, emphasized that while assessing the veracity of the reported incident, the alleged events are unrelated to the operations of the Corporation.

The statement stated further that nonetheless, as a responsible Federal Institution, the Corporation is committed to uncovering the truth and addressing the matter in an appropriate manner.



And following it preliminary investigations into the allegations, the Corporation have discovered that the staff member in question was previously employed at a commercial bank as an account officer to the Federal Government Official referenced in the report before joining the NDIC in 2017.

While noted that during her tenure at the bank, she asserts that she was not involved in any improper financial transactions with anyone. “However, we remain diligent in our pursuit of any contradictory information and will not hesitate to take appropriate action should it arise concerning the staff member involved”.



The NDIC maintained a zero-tolerance policy towards financial impropriety and any actions that contravene its core values, corporate culture, and code of conduct.

The Corporation wished to emphasize that the NDIC is committed to upholding the highest ethical standards in its corporate governance practices, which we have diligently cultivated over the past three decades of its existence in fulfilling its role of depositor protection and contributing to financial system stability.

Tags: AllegationsFinancial improprietyNDICStaff member
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Oluwaseun Sonde

Oluwaseun Sonde

Managing Editor, Nigeria, a renowned journalist with multitask functionality, member of the Association of Corporate Online Editor (ACOE). Email: admin@mediabypassnews.com

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