The Chairman of the Independent Corrupt Practices and Other Related Offences Commission, ICPC Bolaji Owasanoye has lamented the role of some financial institutions in financial crimes, saying some of them opened accounts for criminals and provided services that helped criminal acts.

The Commission spokesperson Rasheedat Okoduwa, said in a release that Owasanoye made the statement during the visit of the management of Bank of Industry to the commission’s headquarters in Abuja.

The Commission Spokesperson said the ICPC would ensure continuous clampdown on corrupt elements in the industry, stressing that unethical investors undermined the ethics of banking industry.

He described how some financial institutions condone unethical conducts by opening accounts for criminals and how they use innuendos to make suggestions of criminality to lure customers. He also pointed out that unethical investors undermine the ethics of the industry, and promised to deal decisively with the likes of them who infringe the law.

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