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Tuesday, August 20, 2013

Daily Independent: Bank fraud rose by 43.7% in 2012 –NDIC

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Bank fraud rose by 43.7% in 2012 –NDIC
Aug 20th 2013, 23:07, by daily Editor

••Industry loses N17.97b By Kingsley Ighomwenghian, BUSINESS EDITOR    Nigeria Deposit Insurance Corporation (NDIC) on Tuesday released its 2012 report and statement of accounts, showing among others that the nation's banks reported a total of 3,380 cases of fraud involving a ₦17.97 billion loss to the industry. This represents a 43.7 per cent rise compared [...]

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