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Standard Chartered Bank enjoys working with EFCC – MD

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Managing Director and Head, Europe and Americas, of Standard Charted Bank, Mathew Brown says the financial institution enjoys working with the Economic and Financial Crimes Commission (EFCC).

According to a Friday statement from EFCC, Brown made the comment when a delegation of the bank, led by its Executive Director, and Head of Compliance, Siji Adeyinka, paid a courtesy visit to the corporate headquarters of the commission in Jabi, Abuja.

Brown described the EFCC as “a very interesting law enforcement agency that is trying hard to protect the image of the country”.

“He further submitted that the bank enjoyed working with the EFCC,” the statement read in part.

Speaking further, Adeyinka said that the bank is engaging the anti-graft commission to understand its strategy in combating economic and financial crimes as a way of identifying with its objectives.

“Part of our intention is to continue to engage with the EFCC to try as much as possible to let them understand our own strategy in terms of combating financial crimes,” he said.

Adeyinka also called for reciprocal support from the EFCC.

He disclosed that his bank offered training on issues of financial crimes to staff of the commission recently.

Responding, Executive Chairman of the Commission Mr. Ola Olukoyede, who spoke through the Secretary to the Commission, Mohammad Hammajoda, said the Commission was ready to collaborate with any agency that would help rid the country of corruption.

He however called for a Memorandum of Understanding (MoU) detailing areas of mutual interests, between the EFCC and Standard Chartered Bank.

“We will continue to collaborate with you.  The essential thing is for us to deploy everything we have to fight corruption, physically, mentally and spiritually. Let’s speak against it, let’s fight it for us to leave legacies for our children to reach their pinnacles,” he said.

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