Bank Glitch: About $19.5 million was taken when the bank was updating a computer system in the East African country, meaning ATM and online transactions were not reflected in affected accounts for five hours overnight on March 15–16, according to the Commercial Bank of Ethiopia (CBE).
Ethiopia's main bank issued a "last warning" on Wednesday to more than 5,000 customers accused of taking advantage of a technical glitch to fraudulently withdraw millions. About $19.
“We will publish your names and photos in various mass media and declare that you are suspected of committing illegal money transfers.” Founded in 1963, the bank boasts 40 million customers and over 1940 branches in Africa’s second most populous country, with 120 million people.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.Zamfara State Governor, Dauda Lawal, has urged the Federal Government to enhance the completion and utilization of the ongoing dam projects in his state.
Polytechnic students in Nigeria under the aegis of the National Association of Polytechnic Students have protested the alleged diversion of N20 billion Cement Technology Institute of Nigeria Intervention Fund. The students who besieged the headquarters of the Economic and Financial Crimes Commission , Abuja as well as the Ministry of Trade and Investment on…
A UK government minister is on a collision course with the law over his refusal to reveal the sources of allegations that British special forces committed war crimes in Afghanistan. Johnny Mercer, Britain's minister for veterans, has said "multiple officers" told him about alleged murders and a subsequent cover-up during the Afghan conflict. He has…
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