Two bankers working with well-known head bank in Uganda called Stanbic Bank have been arrested for theft for a client.
The police arrested nine suspects that had access to a client’s account and made transfers of money worth $1.8 billion dollars.
Furthermore, the police says that the suspects in conspiracy with selected Stanbic Bank staff both at Garden City and Freedom City branches compromised the account of Nile Energy and effected transactions in Inter Account Transfers (IAT).
The transactions were made withdraws with three accounts including Account Number 9030012835107 in the names of Dixon Kagurusi Ampumuza, Account Number 9030021572615 in the names of Petron Limited and Account Number 9030018628871 in the names of Famane Investments Co. Ltd.
“At least seven cash withdrawals of USD 495000, USD 28000, USD 295000, USD 90000, USD 60000, USD 295000, and USD 495000 were made by the suspects, purporting to be Mohamed Abdul Hakim Hussein, the Director of Nile Energy, while using forged documents,” said the police.
“It was also established that Petron Limited belongs to a one Oscar Kyabukasa Lutaaya and Hashur Rahman, as the Directors, while Famane Investments Co. Ltd. is owned by Oman Ghebreyesus, Fiona Dede Bwende, and Elijah Daniel Wanzu, as the Directors, at the Freedom City Branch and Garden City Branch,” the police added.
12 suspects have been arrested, out of whom nine were charged with causing financial loss and money laundering before the Anti-Corruption Division in Kololo.
These include Tefera Okubalassie Robert, who was intercepted with a forged passport and funds transfer form in the bank, Ayusiga Moses, the Branch Manager of Stanbic Bank, Garden City Branch, who allegedly effected the two transfers of USD 287,000 and 295,000 from Nile Energy Account to Petron Ltd in a fraudulent and illegal manner, Natukunda Brian, a former employee of Stanbic Bank, who introduced Kagurusi Dixon Ampumuza (on the run) to Moses Ayusiga, the 3 Directors of Famane Investments Co. Ltd, namely; Oman Ghebreyesus, Fiona Dede Bwende, Elijah Daniel Wanzu, in who company account number, money was received and Ssekito David, the Manager at Freedom City Branch.