Stanbic Bank Fraud No need to worry over GHc 900,000 fraud – Stanbic Bank

The Head of Marketing and Corporate Affairs at the Bank, Mawuko Afadzinu said the transactions between the suspect Martha Amakye and their customers were private and also not part of her official job descriptions.

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Stanbic Bank Ghana has assured its customers that there is no cause to worry following the alleged fraud incident attributed to an outsourced worker of the bank.

The Head of Marketing and Corporate Affairs at the Bank, Mawuko Afadzinu said this is also not a usual incident that occurs.

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In an interview with Accra-based Citi FM he said the transactions between the suspect Martha Amakye and their customers were private and also not part of her official job descriptions.

“She appears to have gone into the business of selling other products that were not bank products and did transactions in her own private capacity using her association with the bank.”

He added that some of the victims of the fraud have said, “they knew it was a very private transaction” and therefore urged customers of the bank to ensure that “all the transactions that they conduct are transactions with requisite officials of the bank.”

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“Our reputation, or pedigree, or standing as Africa’s largest bank is because of a long tradition of very robust financial and banking principles and discipline which we stick to religiously. This is a rare situation which occurred because we have someone who went outside the remit and did things that were not supposed to be done and this is one that we are going to resolve,” Afadzinu added.

A staff of Stanbic Bank Ghana, Martha Amakye is wanted by the police for allegedly duping  some customers of the bank to the tune of over GHc 900,000.

Martha Amakye is an outsourced worker of the bank from Noswall Management Service, a recruitment agency. She has been declared wanted by the Ghana Police Service after she absconded.

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Her pictures have also been posted on the Facebook timeline of Stanbic Bank. A message attached to the picture indicates that she was a Personal Solutions Consultant at the Tema Community 1 branch in Accra.

Amakye allegedly collected various sums of monies from clients of the bank between 2015 and 2016 with the notion of investing them in fixed deposits.

She is reported to have promised the customers interest rate of between 18 and 20 percent per month without the consent of the management of the bank. This got her many clients especially because of the high interest rate.

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