Wema Bank lost N119.1m from 1,195 fraud, forgery cases in 2021
In the financial year ended December 31, 2021, Wema Bank Plc recorded 1,195 cases of fraud and forgeries valued at N263.853million, according to the bank’s financial statement at the Nigerian Exchange Limited (NGX). The bank said on page 56 of its annual report that 3percent of the fraud/forgeries perpetrators were