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Why civil servants are banned from owning business, foreign accounts – CCB

The Code of Conduct Bureau has explained why the law forbids public servants from simultaneously managing government duties and private businesses, as well as from holding foreign bank accounts.

In an interview with newsmen on Sunday in Abuja, CCB Chairman Dr. Abubakar Bello emphasized that public service is a sacred trust that must never be compromised.

“When a civil servant runs a business alongside official duties, questions naturally arise about commitment and integrity.

“Are you spending your time doing your work? Or are you spending your time conducting private business?” he asked.

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Bello clarified that holding a position as a company director, operating a business account, or being a signatory on such accounts constitutes business involvement and, therefore, a violation.

He also warned that public servants are not allowed to maintain foreign accounts.

“One of the reasons why we have that is that, some public servants will steal money from the government and then take it abroad.

“We have seen so many cases of public servants stashing money away.

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“So any public servant that has a foreign bank account is supposed to close that account, stop operating it, until after he has finished his public service,” he said.

Beyond business involvement, Bello raised concerns about the increasing misuse of gift-giving by public officials, stressing that gifts from government contractors are strictly prohibited.

He further explained that certain categories of public servants, including the president, vice president, governors, justices, and judges are restricted from taking up public service positions after leaving office.

“”You are not allowed to work for any foreign government because you hold certain vital information.

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“If you are working for a foreign organisation or foreign institutions, that might compromise the security and the interests of Nigeria,” he said.

Bello also addressed the misuse of loans as a potential cover for bribery. The law limits specific categories of public servants to borrowing only from recognized financial institutions, ensuring that transactions remain verifiable.

He highlighted the growing use of agents and nominees as a method to circumvent anti-corruption regulations.

“These agents may include spouses, children, relatives, or close friends, but the official remains culpable once it is established that they are the ultimate beneficiary of the illicit act,” he said.

Moreover, the CCB Chairman noted that public servants are restricted from membership in certain organizations.

“Membership in secret cults or any group whose activities conflict with the dignity, transparency, or integrity of public office is prohibited.

“Such affiliations can tarnish the image of the public service and constitute another violation of the Code of Conduct,” he said.

To raise awareness about breaches, Bello explained that the bureau has a dedicated department, though it faces funding constraints. He added that he takes every opportunity at public events to educate attendees on CCB’s mandate.

In addition to encouraging ministries, departments, and agencies (MDAs) to organize sensitization programs for their staff, Bello said the bureau is collaborating with state heads of service to enlighten workers.

He reaffirmed the CCB’s commitment to enforcing ethical standards in public service, with the goal of promoting transparency, accountability, and public trust.

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