As the intensive moves to recover banks’ debt by the Economic and Financial Crimes Commission (EFCC) continues, the Nigerian Bar Association, NBA, has condemned the CBN, EFCC and other security agencies for hiding under the guise of banks’ predicament to turn itself into a debt recovery agent.
But Nigerians are not surprised by this outburst seeing that the NBA has always aligned itself with the looters of the Nigerian economy.
The NBA further stated that transactions between customers and banks are contractual and that the security agencies should not term those in the transaction as criminals on mere imputation, and arresting alleged debtors without clarity.
In a communiqué issued at the end of its annual conference in Kaduna which was signed by SLP's Chairman, Funke Adekoya (SAN), it said, "The SLP deprecates the attitude of the EFCC and security agencies which have turned themselves into debt recovery agents.
But Nigerians are not surprised by this outburst seeing that the NBA has always aligned itself with the looters of the Nigerian economy.
The NBA further stated that transactions between customers and banks are contractual and that the security agencies should not term those in the transaction as criminals on mere imputation, and arresting alleged debtors without clarity.
In a communiqué issued at the end of its annual conference in Kaduna which was signed by SLP's Chairman, Funke Adekoya (SAN), it said, "The SLP deprecates the attitude of the EFCC and security agencies which have turned themselves into debt recovery agents.
