Bank Fraud And Its Effects On Nigeria's Econo My

23 pages Chapters 5 ID: ACC0083

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DepartmentAccounting
TypeProject
Pages23
Chapters5
Methodologychi saqure
Reference StyleYES
FormatMS Word & PDF
Reference No.ACC0083

Abstract

BANK FRAUD AND ITS EFFECTS ON NIGERIA’S ECONOMY(A CASE STUDY OF FIRST BANK PLC ENUGU)ABSTRACT Causes of Frauds and forgeries in banks have not only become incessant but have also been on in increase in recent years. Although frauds and forgeries in banks are global phenomena which have consistence growth according to Nigeria deposit Insurance Corporation (NDIC) Annual report for instance it recorded or show caseN360.2 millions in 2008 to N351.9 millions in 2007. The amount involved in fraud in commercial banks N6million in 2009.Frauds in banks is clearly unacceptable situation  drastic ou…

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