The conomic and Financial Crimes Commission, EFCC, says approximately 70 percent of financial crimes in Nigeria are connected to banks.
Ola Olukoyede, Chairman of the EFCC disclosed this at the 2023 Annual Retreat and General Meeting of the Association of Chief Audit Executives of Banks in Nigeria on Monday in Abuja.
According to him, the banking industry was becoming more characterized by fraudulent activities, posing significant challenges and concerns for the commission.
