• Saturday, April 20, 2024
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BusinessDay

Be hard on bank fraudsters, NDIC urges judges

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The Nigeria Deposit Insurance Corporation (NDIC) on Monday urged judges of the Federal High Court to be “hard on bank fraudsters” so as to restore depositors’ confidence.

Umaru Ibrahim, managing director of the corporation, made the call at a sensitisation seminar on ‘The Challenges to Deposit Insurance Law and Practice’ for judges.

Ibrahim said that the judges’ understanding was needed to abate the fraud in the banking system.

He said that deliberate efforts should be geared towards quick dispensation of all pending liquidation-related cases.