The scam appeared to have begun nearly one and a half years ago. The victims of the fraud say their cheques and the slips amounts were manipulated and balances were added as Over Drafts (ODs). The fraud came to light when their accounts were audited last year.
Criminal Investigation Department, on 15/01/2019, arrested the suspected bank manager and the other individual and presented them before the Kaduwela Magistrates’ Court. The Magistrate remanded the manager and the other individual for 14 days.
“The auditors had reportedly noticed the inconsistencies in the account, but initially could not figure out what the problem was. Following a thorough process, the auditors were able to identify suspicious transactions on their books and mismatches on their slips and cheques. The victims of this fraud are a group of businessmen in the area including a vehicle importer and an electrical contractor and an electrical shop owner,” a source familiar with the matter told Colombo Telegraph.
The bank manager has, with the help of a regional manager Sampath Bank and the present Manageress of the Thalahena Branch, have debited the account of a customer who is an Ayurvedic physician and made bank transfers to 21 persons who were completely unknown to the customer.
“This is the first time in the banking history that a bank has committed a fraud on a customer,” a banker told Colombo Telegraph. Our sources said there would be criminal liability on the directorate of Sampath Bank.
Full story :-
https://www.colombotelegraph.com/in...n-crime-media-hushed-using-advertising-power/
Criminal Investigation Department, on 15/01/2019, arrested the suspected bank manager and the other individual and presented them before the Kaduwela Magistrates’ Court. The Magistrate remanded the manager and the other individual for 14 days.
“The auditors had reportedly noticed the inconsistencies in the account, but initially could not figure out what the problem was. Following a thorough process, the auditors were able to identify suspicious transactions on their books and mismatches on their slips and cheques. The victims of this fraud are a group of businessmen in the area including a vehicle importer and an electrical contractor and an electrical shop owner,” a source familiar with the matter told Colombo Telegraph.
The bank manager has, with the help of a regional manager Sampath Bank and the present Manageress of the Thalahena Branch, have debited the account of a customer who is an Ayurvedic physician and made bank transfers to 21 persons who were completely unknown to the customer.
“This is the first time in the banking history that a bank has committed a fraud on a customer,” a banker told Colombo Telegraph. Our sources said there would be criminal liability on the directorate of Sampath Bank.
Full story :-
https://www.colombotelegraph.com/in...n-crime-media-hushed-using-advertising-power/
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