The Nigeria Deposit Insurance Corporation has called on law enforcement agencies to strengthen their collaboration to curb banking fraud in the country.
The Managing Director/Chief Executive of NDIC, Bello Hassan, said this on Thursday at the annual capacity-building workshop for law-enforcement agents in Lagos.
Hassan, represented by the NDIC Director of Communication & Public Affairs, Bashir Nuhu, said, “We are not unaware of the challenges of investigating and prosecuting financial malpractices and bank fraud cases but wish to urge you not to relent on your efforts and be rest assured of our unflinching support at all times.
“The banking system is rapidly evolving with innovations, it is clear that a new phase of the financial technology-driven economy is currently reshaping the global financial services space. With this development, the criminally minded users of the banking system, including the notorious ‘cyber criminals’, are busy perfecting their misplaced skills.
“This is why workshops like this are necessary to enable law enforcement officers to understand the dynamic operating environment. The law enforcement officers must acquaint themselves with basic knowledge of the types of fraud prevalent in our banks.”
