Business
MTN fraud suspects pinned over sh3.1b theft
Publish Date: Jul 08, 2014
MTN fraud suspects pinned over sh3.1b theft
Some of the MTN fraud suspects at the Anti-corruption Court.
  • mail
  • img
newvision

By Edward Anyoli   
 
MTN Telecommucation Company has lost billions of shillings in fraudulent mobile money transactions, court heard yesterday.
 
Testifying against former employees of MTN, John  Semakula, a digital  forensic  examiner  told  court  that  he examined , a Dell  computer  and external  Laci hard  drive  suspected  to have  been used  in fraudulent mobile money  transactions  andestablished  that the computer was used to carry out illegal transactions.
 
Semakula  told  the Anti- Corruption  court presided  over by  Justice  Paul Mugamba that  some  of  money was authorised to Hari telecom and Phone accessory,  Rukungiri district employees, Tayira  Enterprise  Rubaga, Wesley  Investment  Limited.
 
The former MTN employees accused are: Joseph Joshua Magombe MTN mobile money agent, Daniel Ssegujja sales representative, Irene Kauma sales executive for Essy mobile money, Jerom Oketcho, Jackchin retention executive with MTN and Tamasha Namirembe a trainee with MTN.
 
They  were jointly charged  with  a self- employed  businessman Edrisa Sserunkuma of Kawempe a city suburb , Henry Matovu  a self – employed businessman  of Seguku, Joshua Kalaba also a businessman and  Peter Ayebale  a cleaner.
 
Semakula said his findings were that the transactions were authorised from MTN computers illegally.
 
Prosecution led  by  State  Attorneys, Marion Acio and  Paul Lakidi  alleged that the nine suspects on January25, 2013 at MTN offices on Yusuf Lule road in Kampala stole sh3.150, 000,000 the property of MTN Uganda.
 
It also alleged that the suspects in the month of January and others still at large within Kampala conspired to commit a felony of theft. 
 
They denied the charges.
 
The five employees allegedly hacked into MTN computer and wired over sh3b to accounts of seven agents registered with the telecom across Kampala according to prosecution.
 
Related Stories

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Gov’t to enact law against SACCOs money theft
Government is in the process of enacting a law that that will punish those found guilty of stealing people’s savings through the Savings and Credit Schemes (SACCOS)....
Japan MPs set out to promote Uganda’s tourism
Legislators from the Japanese parliament are to promote Uganda as a tourist destination in the East African region, as revealed by two Japanese MPs....
Fresh row hits $8bn railway deal
Fresh controversy is stalking the over $8b Standard Gauge Railway deal, with the company that lost the deal seeking audience with the President....
BATU ends tobacco leaf business
British American Tobacco Uganda (BATU) will discontinue its leaf growing and export business after 86 years with a new player set to enter the market at the end of the year....
Police close illegal micro finance; over sh20m in savings lost
Police in Njeru Town Council has closed an illegal micro finance bank over defrauding unsuspecting members of the public over sh20m...
More oil resources found in Albert region
The Petroleum Exploration and Production Department has said that the oil resource confirmed is now 6.5 billion barrels from the fields studied....
Do you think banning the sale of single cigarette sticks will help regulate tobacco production?
yes
No
Can't Say
follow us
subscribe to our news letter