The National Union of Banks, Insurance and Financial institutions has said its members are not afraid to declare their assets as being required by the Economic and Financial Crimes Commission.
The union’s National President, Anthony Abakpa, disclosed this on Wednesday in a telephone interview with newsmen.
The Chairman of the EFCC, Abdulrasheed Bawa, had said recently that the commission would from June 1 be demanding the asset declaration forms of bankers.
The development is said to be in compliance with the Bank Employees, etc (Declaration of Assets) Act 1986, with defaulters said to risk 10-year jail term if found guilty by any Federal High Court.
When asked for the position of bankers on the directive, which took effect from Tuesday, Abakpa said workers in the banking sector were guided by the principles of integrity, transparency and honesty, adding that they were not threatened by the pronouncement of the EFCC.
He said, “As far as we are concerned, transparency and honesty are key words. Bankers are transparent and they had to have integrity to have been recruited to work in the bank and insurance; of course, there is a high level of trust.
“So, bankers are not afraid to declare their assets whatever it is, since they don’t have anything to hide.”