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TWO STANBIC BANK MANAGERS ARRESTED FOR ALLEGEDLY STEALING CLIENT`S MONEY - dailystarnews

TWO STANBIC BANK MANAGERS ARRESTED FOR ALLEGEDLY STEALING CLIENT`S MONEY

Stanbic Bank managers and a former employee have been arrested and charged with 9 other suspects including an Eritrean Refugee and a Somali for defrauding a bank’s customer  to a tune of USD 1.8M (Shs 6.66bilion).

The managers arrest are Moses Ayusiga and David Ssekito of Garden City and Freedom City branches respectively .They were arrest with a former employee of the same bank Brian Natukunda and will be charged with 6 other suspects allegedly for allowing unauthorized transfer of funds totalling to USD 1.8M

The said money was transferred from  Nile Energy one of the bank’s clients account to other 3 accounts in the names of Dixon Kagurusi Ampumuza(a/c 9030021572615), Petrom. Limited (a/c 9030018628871) and Famane Investments Co. Ltd (,a/c 9030012835107) using the Inter Account Transfer (IAT) system . 

While addressing journalist at Police Headquarters in Naguru on February 13, 2023, CP. Fred Enanga the police spokesperson said that the two bank managers together with the other 9 suspects will be aligned in the Ant- Corruption Division court to answer a series of computer systems intrusions charges as well as theft of the bank’s client money.

“The 9 suspects including the 2 bank managers were to be aligned to court on Monday 13, February, 2023 to answer several charges including but not limited to forgery,   fraud and theft “. CP Enanga said.

According to Enanga, the funds were withdrawn and stolen from Nile Energy account, using forged Account Transfer Forms, all in the names of Mohamed Abdul Hakim Hussien who holds a Kenyan Passport number AK 0849025.

He also said that investigations revealed that at least 5 cash withdrawals of USD 495,000, 287,000, 295,000, 90,000 and 60,000 respectively were made by the suspects, masquerading as Mohamed Abdul Hakim Hussein, the Director of Nile Energy while using forged documents. 

It was also established that Petron Limited belongs to a one Oscar Kyabukasa Lutaaya and  Hushur Rahman , who are the Directors, while  Famane ,Investments Co. Ltd , is owned by Oman Chebreyesus, Fiona Dede Bwende and Elijah  Daniel  Wanzu as Directors. 

It was further discovered that on January 24, 2023, cash amounting to USD 295,000 was deposited to Account Number 9030018628871 which is in the names of Famane Investments Co. Ltd from Nile Energy Account and the cheque signed by Oman Chebreyesus and Elijah Daniel Wanzu.

On February 3, 2023, a one Tefera Robel an Eritrean Refugee, was intercepted and arrested with two Inter Account Transfer forms with a face value of USD 988,200 which was to be effected from the Nile Energy Account and thereafter, credited into an Account Number in the names of Dixon Kagurusi Ampumuza still at large, the Director of Petrom Ltd.

Tefera a technician by professional revealed to police that the forms were given to him by Derrick to take to the Garden City branch Stanbic Bank manager Moses and it from this point that police managed to investigate and arrested the 3 Directors and upon thorough interrogation, they admitted to having received the stolen cash which they used in a Gold transaction worth USD 250,000 with Mansoor and Sam Fred. 

By George Bukenya

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