Concerns Over Depositors’ Funds In Wema Bank As Lender Reports N1.13bn Fraud - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / Concerns Over Depositors’ Funds In Wema Bank As Lender Reports N1.13bn Fraud (87 Views)
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| Concerns Over Depositors’ Funds In Wema Bank As Lender Reports N1.13bn Fraud by Omonaijablog: 10:19pm On Apr 15 |
Depositors and stakeholders of the Moruf Oseni-led Wema Bank Plc are worried about the safety of their funds and the health of the lender over the high level of fraud cases the bank recorded in the year 2023, THE WITNESS reports. In its full-year 2023 financial statement released recently, Wema Bank disclosed that it recorded fraud in its system to the tune of N1.136 billion. This has become worrisome to financial analysts and further showed that the bank’s security system may be either weak, poor, not up to industry standard or operated by unqualified personnel. Assuredly, this development ... https://omonaijablog.com.ng/2024/04/14/concerns-over-depositors-funds-in-wema-bank-as-lender-reports-n1-13bn-fraud/
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