An Effective Internal Control System as a Means of Detecting and Preventing Fraud in Nigeria Commercial Banks (A Study of Three Bank Branches in Enugu)

The greatest problem militating against an effective and efficiency control of
our banking industry has been identified to be the problem of fraud. Fraud in our banking sector comes in different dimensions. It has been pointed out that incidence of fraud in the banking system have been primarily due to weak internal control system hence the need to build basic defense pattern into their daily operations.
It is necessary for us to examine the causes of fraud in our banks so as to
proffer lasting solution by way of effective internal control. This is to help restore the confidence and dignity of our financial system.