Financial Impropriety Allegations Against Staff: We’ll Uncover The Truth-NDIC

By Miriam Humbe

Management of the Nigerian Deposit Insurance Corporation, (NDIC) have said that as a responsible Federal Institution, they were committed to uncovering the truth and addressing the allegations of financial Impropriety against it’s staff member.

Director, Communications & Public Affairs Department, Bashir Nuhu revealed this in a statement signed on Sunday, saying that the matter would be addressed in an appropriate manner.

The Management of the NDIC said that it’s attention had been drawn to the media report by the Peoples’ Gazette and Sahara Reporters regarding allegations of financial impropriety involving one of its staff members.

NDIC 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.”

The NDIC said following their preliminary investigations into the allegations, it was discovered 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.

NDIC said: “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.

“However, we remain diligent in our 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.”


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