Sunday, April 03, 2016

Bank customers lost N2.25bn to fraudsters in 2015 – CBN

“This resonates firmly with one of the bank’s core mandates, which is, ‘To promote a sound financial system in Nigeria’. This we have achieved with the Nigeria electronic Fraud Forum,” he said.

An assistant director at the CBN, Mr. Sola Agboola, represented Fatokun.

He said that NeFF had also continued in its collaborative efforts aimed at cementing its relationship with law enforcement agencies through a visit to the Inspector General of Police, Mr. Solomon Arase.

Fatokun said, “The visit received a huge boost when the Inspector General of Police ordered the immediate establishment of dedicated e-Payment and Card Crime Unit in the Nigeria Police at the request of the bank.

“In the same vein, the Chief Justice of Nigeria was visited by the forum in 2015. This visit also strengthened the forum’s relationship with the judiciary. At the meeting, the chief justice affirmed his commitment to the objectives of the forum.”

The CBN director noted that the proposed Nigerian Risk Information Centre, aimed at reducing bank-related frauds through effective public-private partnerships, was first mooted at NeFF.

“This proposal is currently receiving management’s attention to come to life,” he added.

 

[Punch]

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