The Central Bank of Nigeria (CBN) has pledged to deal decisively with any bank found sabotaging monetary policies or guilty of unauthorised withdrawals from customer accounts.
CBN Governor , Olayemi Cardoso made the pledge on Tuesday while briefing members of the House of Representatives in Abuja.
He disclosed that already some departments in the CBN were being strengthened to carry out greater surveillance and over sight
He decried reports of alleged indiscriminate charges and withdrawals from customers accounts which he promised would be investigated and dealt with decisively.
“I want to assure you that I have no reluctance to wielding the big stick, this is the time when people and entities that we regulate must comply, we must do the right thing.
“We will stop at nothing in wielding the big stick or hammer in ensuring that they do the right thing for the benefit of Nigerians.”
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