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General News of Wednesday, 6 October 1999

Source: JoyFM

Fraud at Standard Chartered Bank

Officials of Standard Chartered Bank (STANCHART) are investigating how a fraudster was able to withdraw a total of 18,500 dollars from the foreign account of a Mauritius businessman at the Tema branch.

Mr. Sadik Amantula Mohammed, the businessman who is in the country to transact coffee business went to the bank yesterday with Mr. Cosmos Ametiemu, his business partner, only to discover that the amount had been withdrawn from his account. When newsmen went to the bank today, Stanchart's investigators, the Branch Manager and the businessman, were meeting behind closed doors to resolve the issue, which is suspected to have originated from the bank's headquarters at the High Street in Ac