Centre Petitions ICPC Over Appointment of NEXIM Bank Director

Centre Petitions ICPC Over Appointment of NEXIM Bank Director

Chris Steven, Abuja

A civil rights group , Centre for Social Justice, has petitioned the Independent Corrupt Practices and other Related Offences Commission
(ICPC), to investigate the appointment and activities of the Nigeria Export and Import (NEXIM) Bank’s Executive Director for Business Development, which it claims was undeserving.

In a petition addressed  to the ICPC signed by the Coordinator of the Center, Comrade Ikpa Isaac for the group, dated June 5, 2015,  the Center argued that  the appointment of the Executive Director of the bank,  Mrs. Folake Itohan Oke Salami did not follow due process noting that she was not qualified to be appointed into that position.

The petition reads in part ” We have carried out private investigations on the credentials of the said Mrs. Folake Itohan Oke Salami and discovered that she committed fraud and told huge lies on oath in order to occupy the aforesaid position”.

The Center further alleged that Mrs Salami had falsified her experience status in the banking sector to influence her appointment into that position, stating that her claim of working in a multi purpose cooperative society did not fit the bill as stipulated by the Central Bank of Nigeria.

Addressing a press briefing in Abuja Comrade Isaac claimed the said Executive Director had used her claimed as owning a multi purpose cooperative society to influence her appointment.

It called on the ICPC to commence full-fledged investigation into the records of Mrs. Salami to ascertain whether or not she is qualified ab initio to be considered and appointed as Executive Director Business Development of Nigerian Export-Import Bank.

”  In the light of the above, paragraph 3.2A of the said circular states that a Managing Director, Deputy Managing Director and Executive Director of a bank such as NEXIM Bank must have possess a minimum of fifteen (15) years post qualification experience out of which, at least, ten (10) must be in management and leadership positions… Sir, we make bold to state that a “Multipurpose Cooperative Society” does not qualify as a bank in the eyes of the Central Bank of Nigeria. It therefore follows that Mrs. Folake Itohan Oke Salami’s claim of having acted as the Managing Director/Chief Executive Officer of her mushroom “Multipurpose Cooperative Society”, thereby fraudulently earning herself the prestigious position of Executive Director Business Development, Nigerian Export-Import Bank to the detriment of the other suitably qualified Nigerian citizens constitutes an offence punishable under Section 25 of the Corrupt Practices and other Related Offences Act No. 5, 2000″ . It stated.

The Center said  criminal proceedings must be initiated against her to ensure that she is not only removed from office and sent to jail but that the salaries, emoluments and allowances she had received while fraudulently occupying the office be returned to the coffers of the federal government to serve as deterrence to other Nigerians.

It however warned  that failure of the Commission to act on this petition within seven working days would leave it  with no other option than to mobilize the media and other concerned organizations to occupy the commission’s  office until the attention of Mr. President and the international community is drawn to the matter.