NDIC Addresses Allegations Of Financial Impropriety Involving Staff Member

The Nigeria Deposit Insurance Corporation (NDIC) says it is addressing the allegation of impropriety involving staff member.

NDIC Director, Communications and Public Affairs Department, Bashir A.Nuhu, in a statement said the attention of the Management of the Corporation (NDIC) has been drawn to the media reports in a section of the media regarding allegations of financial impropriety involving one of our staff members.
He said; “We would like to emphasize that while we are assessing the veracity of the reported incident, the alleged events are unrelated to the operations of the Corporation. “Nonetheless, as a responsible Federal Institution, we are committed to uncovering the truth and addressing the matter in an appropriate manner.”

According to Nuhu, preliminary investigations into the allegations, have shown 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, adding that “it is important to note that during her tenure at the bank, she asserts that she was not involved in any improper financial transactions with anyone.”

He said the Corporation remains diligent in pursuit of any contradictory information and will not hesitate to take appropriate action should it arise concerning the staff member involved.

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

” We wish to emphasize that the NDIC is committed to upholding the highest ethical standards in our corporate governance practices, which we have diligently cultivated over the past three decades of our existence in fulfilling our role of depositor protection and contributing to financial system stability”, Nuhu said.