CBN directs banks to publish names of fraudulent forex buyers

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In a letter to all banks, titled publication of names of fraudulent forex buyers, the CBN said it has received reports of how “unscrupulous customers” are circumventing the recent forex regulation.

he Central Bank of Nigeria has directed banks to publish names of people who buy personal travel allowance or business travel allowance with fake visas and/ or air tickets.

 

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Would banks publish their own names who checks that d bank employees r not colluding. Banks r not always above board. Mr. Emefiele knows law breakers r d law makers themselves. This outcry, Ex Emir Sanusi cried out about it then as CBN Gov, but today's Gov repeats same pseudo cry

cenbank why do you always bring policies that favor corrupt government officials in power such as your self and punish the masses because they are excelling despite the Hardship MBuhari has created unknowingly. Why can't CBN raise alarm for corrupt politicians who steal Funds.

Who will want to lose customers all in the name of publishing their names

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Forex fraud persists, CBN directs banks to publish names, BVN of defaultersThe regulator says unscrupulous persons now use fake visas or cancel air tickets after purchase of Personal Travel Allowance and Business Travel Allowance.
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