Crime & Punishment of 2014-01-16

GCB arrests fraudsters behind suspicious withdrawals

Ghana’s second biggest bank, Ghana Commercial Bank says it has arrested some suspects, including customers, who are alleged to be part of a fraud syndicate that made some suspicious withdrawals from the bank.

According to the tier one bank, it has made progress with intelligence.

In a statement, GCB said some staff are also being invited by the Economic and Organised Crime Office (EOCO) to assist in the investigations by virtue of their roles in the bank.

“We would like to update our numerous customers and the general public that we have made good progress with intelligence gathering. This has led to further arrests of some persons (including customers) suspected to be part of a syndicate.”

It therefore assured the general public that GCB remains vigilant in its monitoring and controls to enable the early detection of such fraudulent activities.

It also thanked all whistleblowers and informants for reporting the incident and for their continued collaboration with the bank and law enforcement agencies throughout the investigation.