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Dfcu management speaks out on Shs10b theft

Mubiru Ivan by Mubiru Ivan
2 years ago
in National, News
9 0
Dfcu management speaks out on Shs10b theft

Dfcu Headquarters in Kampala

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Dfcu Bank has admitted that it detected a case of fraud that was immediately reported to Police.

In a statement dated July 15, 2019, the commercial bank said the investigations are still ongoing thus reassuring its customers, stakeholders and the general public that the Bank is safe and sound.

“As a regulated entity, dfcu subscribes to the highest levels of compliance in its operations including Anti Money Laundering and is subject to regular inspections and examination by the relevant regulators on its conformity with both local and international compliance standards,” dfcu stated.

In May this year, the  bank was hit by a mega disaster after hackers stole over Shs10 billion from different branches around Kampala.

According to our sources, when the case was reported to police, one suspect identified as Braise Ombuze was arrested. He was picked from Zainab Aziza Emporium by plain clothes policemen driving a Toyota Noah Vehicle on June 11, 2019.

He was charged with the offense of Electronic Fraud and Theft under a reference Vide CID HQTRS GEF 604/2019 before being detained at CID head offices.

However, Ombuze was granted a police bond on June 29, 2019.  He was ordered to appear at Kibuli on July 1, 2019 for reporting.

“And continue to attend until otherwise directed by court further to answer to the said charge,” the police bond reads in part.

Ombuze is among the six suspects who breached dfcu’s system and accessed customers’ information and over Shs10 billion has since been stolen.

We learnt that the masterminds breached some accounts in Kampala and accessed the cash.

Earlier reports suggested the crime was executed by four junior staff and two outsiders.

Prior to this mega heist, sources say hackers first withdrew Shs700 million from customers’ deposits.

In the recent past, the same institution has faced several hacking cases.




Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com

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