A bank branch manager allegedly embezzled Dh26 million from the account of a customer after he forged forms to change his mobile number and his PO Box number at the bank.

The holder of the account, an Emirati retiree, 54, said the first accused was managing his accounts at the bank. “I did not fill in or sign any money transfer forms from my account to any other account. I did not issue any cheques. I did not tell that manager to do any such transaction on my behalf”.

During investigation, it became clear that the new mobile number which was used by the manager belonged to an Emirati trader and was used by his wife.

 

News Source:Banker on trial for embezzling Dh26m from client’s account

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