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Business News of Friday, 29 July 2016

Source: classfmonline.com

GHS150K ATM fraud: Your savings safe - Access Bank to customers

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Access Bank Ghana has assured its customers that their savings are intact and secure.

The assurance follows the arrest of six Nigerians who made illegal withdrawals at VISA ATM machines in the country.

The six are suspected to be part of a syndicate that succeeded in withdrawing over GHS150, 000 from an Ecobank ATM.

A total of 150 Access Bank and GT Bank ATM cards were retrieved from them by police. The cards were believed to have been stolen from account holders in Nigeria.

Confirming the case in an interview, Head of Corporate Affairs at Access Bank, Nana Adu Kyeremanteng, said the case had nothing to do with accounts in Ghana and assured customers that their monies were safe.

“There is no cause for worry for customers in Ghana. These cards are not related to cards issued in Ghana by Access Bank and they are not related to accounts in Access Bank and so our customers have no need to worry on that score. What we want to say is that we want to assure our customers that they have no need to worry, their funds are intact and this has nothing to do with customers in Ghana,” he stated.

According to Mr. Kyeremanteng, the police are handling the case as the crime is not peculiar to Ghana.

“We are collaborating with the police on this matter and other security agencies have been involved and I am sure that once investigations are concluded, we will be able to get to the bottom of this matter. ... This is not only happening in Ghana; there have been reported incidents in China, Hong Kong, Sierra Leone, and other parts of the world where people are carrying cards issued in Nigeria and withdrawing huge sums of money across ATMs,” he added.