The management of Stanbic IBTC has acknowledged the disappearance of N75 million from its subsidiary in Ghana in a statement issued by the bank on Thursday.
Recall that one Martha Amakye, who is said to be an outsourced worker from Noswall Management Service, a recruitment agency, absconded after the Financial Crime Control Unit of the bank found out she was involved in some fraudulent transactions.
Amakye, a personal solution consultant or sales officer at the Tema Community One branch of Stanbic Bank, is said to have collected various sums of money from customers of the bank between 2015 and 2016 on the pretext of investing it in fixed deposits.
After that, she promised the customers interest rate of between 18 and 20 per cent per month, all this she did without the consent of the management of the bank. The victims and many other customers were lured with the promise of high interest rate on their investment.
Preliminary investigations conducted by the Commercial Crime Unit of the Criminal Investigations Department of the Ghana Police Service and the Financial Crime Control Unit of the bank, according to the sources, had revealed that most of the victims paid their funds meant for the investment to Amakye in the banking hall, while others gave the money to her outside the bank.
After collecting the money, Amakye is said to have issued the victims with copies of suspected fake deposit slips.
Amakye’s pictures have been posted on Stanbic Bank’s Facebook timeline, with a message that urged anyone with information on her whereabouts to call the police.
Below is the full statement:
“RE: Stanbic Bank Staff Disappears with N75 Million Belonging to Bank Customers:
Yes we are aware of this incident in Ghana.
- Our colleagues in Ghana are working with the relevant authorities to apprehend the suspect and to fully secure the interest of customers
- At Stanbic/StanbicIBTC Banks the protection of our customer is paramount and always remains our primary objective
Please direct enquiries to Bennet Frimpong (FrimpongB@stanbic.com.gh), Acting Head Marketing and Communications.”
