the rolr of management in fraud detection and control ..case study of first bank plc

Abstract

This research work is a study of the role of Management in fraud detection and control in the banking industry taking a case study of First Bank of Nigeria Limited. The study was carried out through the use of personal interviews; questionnaires and reading materials like books and journals. The questionnaires were administered to both management and non-management staff of two Enugu offices of First Bank of Nigeria Plc. Their responses were collated, analysed statistically and interpreted. The findings are: 1. The role of management in frauds detection and control in banks by investigating its magnitude. Frequency and effects of Bank Fraud on the Nigeria economy. The Conclusions are: 1. Various causes of frauds wee highlighted 2. Its effects were considered 3. Ways of detecting fraud as well as controlling frauds in banks were also investigated The role of management in fraud detection and control in the banking industry was also highlighted.