The Economic and Financial Crimes Commission (EFCC) has been asked to investigate the involvement of Fidelity Bank PLC and United Bank for Africa in connection with the money laundering case of former pension boss Abdulrasheed Maina.
The Centre for Anti-corruption and Open Leadership (CACOL) in a letter addressed to the Chairman of EFCC said the two banks were culpable for aiding Mr Maina’s fraudulent conduct.
The group also called on the anti-graft agency to “possibly prosecute” the banks if found guilty.
In tandem with the recommendations of Justice Okon Abang of a Federal High Court sitting in Federal Capital Territory, CACOL also called for sanctions, which should include the withdrawal of the banks operating licenses, and the punishment and prosecution of offending bank officials.
According to CACOL, UBA and Fidelity were used by Mr Maina as a “conduit” to defraud pensioners, therefore, they ought to have been charged alongside Mr Maina.
Mr Miana was recently sentenced to sixty-eight years imprisonment for a series of offences bordering on money laundering.
