Reps Move To Protect Fraudulent Money Withdrawal From Bank Accounts

Account For N40bn Expenditure Despite Generating N34bn, Reps Tell WAEC

Reps Move To Protect Fraudulent Money Withdrawal From Bank Accounts …C0NTINUE READING HERE >>>

 

|The House of Representatives on Tuesday passed into second reading, a bill seeking to protect victims of fraudulent withdrawal from bank accounts.

Titled, “A Bill for an Act to Amend the Banks and Other Financial Institutions Act(BOFIA), 2020 to make Provision for the Protection of Victims of Fraudulent withdrawal from Accounts and for Related Matters (HB.1168),” the proposed legislation is sponsored by Hon. Moses Oluwatoyin Fayinka (APC, Lagos).

Leading debate on the…

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