GTB, FIDELITY AND DIAMOND BANK RECEIVED THE BOOT FROM CUSTOM SERVICE OVER FRAUDULENT ACTIVITIES

GTB, Fidelity and Diamond bank have been blaclisted by the Nigeria Customs Service on Monday, July 27, 2015.

The Nigeria Customs Service (NCS) has suspended three commercial banks from collecting customs duties, the Public Relations Officer of Nigeria Customs Service, Mr Wale Adeniyi, said yesterday.

He named the banks as GT Bank Plc, Fidelity Bank Plc and Diamond Bank Plc and called on relevant stakeholders to take note of the new development.

“The three banks were suspended because they did not discharge their full obligation as partners in the customs revenue collection scheme.

“Unfortunately, they failed to discharge their responsibilities in accordance with the terms of the agreement they signed with Nigeria Customs Service.

“We might not be able to provide you with the details now but we believe that, in the course of our investigations, we will be able to provide more details.

“However, we will continue to work with the banks and relevant stakeholders to ensure speedy resolution of the contending issues and possibly reinstate the affected banks,’’ Adeniyi said.