Regulatory Alerts2015-04-08 | BSD/DIR/GEN/LAB/08/017Reporting Unethical Conduct/Whistle Blowing
The Central Bank of Nigeria (CBN) has issued a letter to banks and discount houses, emphasizing its zero-tolerance policy for unethical conduct and encouraging the reporting of any dishonest or integrity-related issues among CBN staff. The letter, signed by Tokunbo Martins, Director of Banking Supervision, requests full cooperation from institutions and provides contact information for confidential or anonymous reporting of any observed unethical practices.
09-46236454 BSD/DIR/GEN/LAB/08/017 April 2, 2015 LETTER TO ALL BANKS AND DISCOUNT HOUSES REPORTING UNETHICAL CONDUCT/WHISTLE BLOWING The Central Bank of Nigeria (CBN) wants to reiterate its commitment to its established policy of zero tolerance standard of honesty and integrity as it relates to its members of staff performing their duties in your institution. To uphold the standard, a monitoring procedure to ensure that business ethics and professionalism have been established. Your full cooperation is hereby solicited, by reporting any unethical practice(s) that borders on dishonesty and lack of integrity among others, in the action/behavior of CBN staff that visit your institution in the course of performing his/her duty. Such report(s) or observation(s), which should contain detailed information to enable us act promptly, should be send Directly, Confidentially or anonymously by post to: Head, Ethics & Anti-Corruption Office Governors' Department Central Bank of Nigeria No. 31 Tafawa Balewa Street Central Business District Abuja, FCT Alternatively, the report could be sent by e-mail to: a) anticorruptionunit@cbn.gov.ng b) ethicsoffice@cbn.gov.ng c) or by telephone to 09-46239246 & 09-46236000 Yours faithfully, TOKUNBO MARTINS (MRS) DIRECTOR OF BANKING SUPERVISION