A financial irregularity at Sampath Bank that started nearly one and a half years ago culminated with two senior staff members being arrested by the Criminal Investigation Department mid last month. The victims of the fraud say their cheques and the slips amounts were manipulated and balances were added as Overdrafts (ODs) but during an [...]

Business Times

Sampath clarifies on fraud

View(s):

A financial irregularity at Sampath Bank that started nearly one and a half years ago culminated with two senior staff members being arrested by the Criminal Investigation Department mid last month.

The victims of the fraud say their cheques and the slips amounts were manipulated and balances were added as Overdrafts (ODs) but during an audit last year the fraud was discovered.

The suspected bank manager and a staff member were remanded by the Kaduwela Magistrates for 14 days.

In a statement, Sampath Bank said that due to ongoing investigations, the bank is not in a position to disclose detailed information. “This incident occurred a few months back and the Bank has already taken appropriate measures to correct the situation and ensure non-recurrence. We wish to assure the public that we have taken steps to ensure that our customers will not be affected in anyway due to the reported incident.”

Share This Post

WhatsappDeliciousDiggGoogleStumbleuponRedditTechnoratiYahooBloggerMyspaceRSS

Advertising Rates

Please contact the advertising office on 011 - 2479521 for the advertising rates.