Some Commercial Banks in the country have been accused of encouraging kidnapping epidemic, as some ransoms are paid into bank accounts
A security expert and analyst, Mallam Adamu Kabiru stated this on the sidelines of recent rise in cases of kidnappings, abductons and other related crimes in the country.
Mallam Kabiru said Banks were involved in collecting ransoms, adding that he was aware of two of such cases.
He noted that kidnappers have grown so bold and brave to the extent that they provide account numbers without fear.
Mallam Adamu however said financial regulators should do their work by ensuring the “Know your Customer” policy is effectively utilised by Banks.
Initially, abductons were restricted to the North West but now it has spread to other parts of the country including South West, North-Central, South- South and FCT.
In the past few weeks, incidents of kidnapping have been reported in the FCT, Abuja-Kaduna highway and several states in the country.
