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NDIC strengthens partnership with ICPC to fight corruption



NDIC strengthens partnership with ICPC to fight corruption

The Managing Director/ Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, has said that the corporation has zero tolerance for all forms of malpractices within it and in all the initiatives it has taken to fully implement its mandate. He made the remark during the inauguration of the re-constituted Anti-Corruption and Transparency Unit (ACTU) of the Corporation by the Acting Chairman of the Independent Corrupt Practices and other related Offences Commission (ICPC) who was represented by the Head of Anti-Corruption and Transparency Unit, Mr. Justin Kuatsea.

According to a statement from the Corporation, Alhaji Ibrahim stated that based on its mandate and supervisory activities, the NDIC is at the forefront of the fight against corruption through the enforcement of good corporate governance, transparency and accountability to minimise the risk of bank failure in order to protect depositors and ensure safety and soundness of the financial system.

He described the inauguration of the NDIC Anti-Corruption and Transparency Unit (ACTU) as good development as it will further strengthen the Corporation’s resolve and its partnership with other government agencies involved in the anti-corruption fight towards promoting credible and effective service delivery in the public sector.

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