Detection And Control Of Financial Frauds In Nigeria Banking System; Problems And Solution (a Case Study Of U.b.a)

ABSTRACT Banks deal essentially in cash financial instrument and other documents which are generally of a negotiable and easily transferable in nature. Hence it is very pertinent to say that the exposure of banks to both internal and external fraud is very great. This practice is very common to area involving cash, cheque and fraud transfer operation. Much research and thought are increasingly being directed towards the study of the causes of fraud in Banks because of its affects on Banking and the entire economy.  Recent study carried out by financial institutions training centre, Lagos, show…