PostBank suspends staff linked to counterfeit incident

In a statement, the bank said its internal controls detected the issue before “any customer could be impacted” which led to a police-led investigation and actions against implicated staff.

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PostBank has reported the suspension of some staff members at its Mbale branch in connection with a sh500m counterfeit cash incident.

By NewVision Reporter

Journalists @NewVision

#Business #Banking #Fraud #PostBank #Counterfeit cash

KAMPALA - PostBank has reported the suspension of some staff members at its Mbale branch in connection with a sh500m counterfeit cash incident.

In a statement, the bank said

PostBank suspends staff linked to counterfeit incident

In a statement, the bank said its internal controls detected the issue before “any customer could be impacted” which led to a police-led investigation and actions against implicated staff.

PostBank has reported the suspension of some staff members at its Mbale branch in connection with a sh500m counterfeit cash incident.

By NewVision Reporter

Journalists @NewVision

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