How Wema Bank Lost N119.1m From 1,195 Fraud, Forgery Cases

    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 internal while 97percent were external….

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Wema Bank MD, Ademola Adebisi In Trouble Over Forgery, Issuance of Dud Cheques As Court Orders Arrest

A Chief Magistrates’ Court in Wuse, Abuja, has ordered the immediate arrest of the Managing Director of Wema Bank Plc, Mr Ademola Adebisi, over alleged forgery and issuance of dud cheques. A warrant for the arrest of the bank chief was issued on Tuesday following his continued refusal to honour the court’s invitation to appear…

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One Dead As Armed Robbers Attack Wema Bank

At least one person has been shot dead as armed robbers attacked Wema Bank.     Truetells Nigeria reports that armed robbers on Tuesday attacked a Wema bank in Iree, the headquarters of Boripe local government area.   This online news platform understands that one person was reportedly killed during the attack on Wema Bank.  …

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