Police have arrested 12 suspects in connection to bank fraud at Stanbic bank Uganda in which USD 1.8 million was stolen from Nile Energy through a series of withdraws in Inter Account Transfers (IAT).
Addressing the media today, police spokesperson SCP Fred Enanga indicated that the case in question involved some of Stanbic bank staff from Garden City and Freedom City branches.
“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) and made withdraws using 3 accounts that included; Account Number 9030012835107 in the names of Dixon Kagurusi Ampumuza; Account Number 9030021572615 in the names of Petrom Limited and Account Number 9030018628871 in the names of Famane Investments Co. Ltd.” Enanga said.
It is alleged at least seven cash withdrawals of USD 495,000, USD 287,000 USD 295,000, USD 90,000, USD 60.000, USD 295,000 and USD 495,000 were made by the suspects, purporting to be Mohamed Abdul Hakim Hussein, the Director of Nile Energy, while using forged documents.
It has also been 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 Directors, at Freedom City Branch and Garden City Branch.
Enanga further revealed that so far 12 suspects have been arrested including 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 Petrom 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. Efforts to hunt down more suspects are still underway.
It is upon this that police have urged all banks and customers to have protective measures and a culture in place to identify potential misuse of computer information and alert the Economic Crimes and Anti-Corruption Division.
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