Business

Casual workers responsible for most bank frauds, says ASSBIFI

Association of Senior Staff of Banks, Insurance and Financial Institution (ASSBIFI) has accused casual staffers of being  responsible for most fraudulent activities in Nigerian banks.

  President of the union, Comrade Oyinkan Olasanoye , who disclosed this in a chat with reporters, said the casual staff  perpetrate frauds on account  of frustration orchestrated by low pay.

She said 80 percent of workers in the employ of banks in Nigeria are casuals, adding that her union was worried by policy inconsistency that is encouraging frauds in Nigeria.

She blamed employers in the industry for concentrating too much on profits at the detriment of conducive services to their customers.

She added:“These are some of the policies we are fighting because workers, especially casual workers, are being marginalised of benefits of better working conditions”

She revealed that the sector lost about 15 members to COVID-19 pandemic, stressing that about 7, 800 people who contracted the virus recovered from it.

She added:“We lost about 15 members to COVID-19. There were about 7,800 that recovered from the pandemic. They were affected by mutilated naira notes”

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