The Drug Enforcement Commission in Lusaka has arrested two Barclays Bank employees for theft by servant and fraudulent false accounting.
Dennis Chanda, 41, a banker of House No. 4363 Burma Road, Kabwata has been arrested and jointly charged with Herold Mutukwa, 30, also a banker of House No. 33, Muramba Road in Chilenje for theft by servant contrary to section 278 as read with 272 of the Penal Code and fraudulent false accounting contrary to section 326 (b) of the Penal Code Cap 87 of the laws of Zambia.
Particulars of the offence are that Chanda and Mutukwa on dates unknown but between 1st May and 21st May, 2013 jointly and whilst acting together with other persons unknown in their course of duty did by fraudulent means suppress customer deposits amounting to K102, 325 and later withdrew the said amount without the consent of the customers for their personal gain.
DEC Deputy Public Relations Officer Theresa Katongo confirmed the arrests in a statement.
“The two have been released on bond and will appear in court soon.” She said.
Very sad.Ati ubomba mwibala alya mwibala philosophy.
BARCLAYS BANK in longarces closed my account after i stayed away for a couple of years, when i came back no one “knew” what happened to my account.
Barclays is in the media this week for all the wrong reasons, they need to counter this by coming up with a really good PR campaign and reinstating customer confidence. The news this week is making them look like organized criminals.
Its all because they refused to grant PF another loan before they settle half of what they borrowed last time
There are no ethics in Zambian banks. They even dole out private account information to anyone who wants it.
I hear what you are saying princess. Stanbic Bank Kitwe employees are notorious for passing on customer account information. Banking ethics are non-existant in this country
Its true. The problem is that Banks mostly employ on loyalty. Most bank clerks have started as messangers and find themselves as officers….what do yu expect
100,000KB
Ndiye kushaina muma komboni ka. Cage them!!!!!!!!!!!!!
@Wanzelu I don’t agree with you, the government has noting to do with this weeks stories. The other story was about how female employees give sexual favors to their superiors in exchange for promotions. Don’t see how that would be related to a PF loan.
IF you try to live a life above your means, that is how it works. Many bankers do this. I know a lot of them who lost jobs through similar clandestine activities.
More money in their pockets
The heading should have read…”TWO LUSAKA ROBBERS ARRESTED FOR ROBBERY @ BARCLAYS BANK WITHOUT USING GUNS”…
These are the criminals who are supposed to be locked up and beaten. Can you imagine these chaps chewing yo hard earned money and shining. In the compon. They deserve to be locked up in isoka. Take them there. More money in the pocket from clients! *****s. I feel sorry for your children anyway.
It has happened to me.when i got a bank statement from Zanaco,it showed an access refund to me.When i ask it for it,i was told yes there was but you still owe us.Someone thinks i have forgotten but he/she will be in for a rude shock.umulandu taubola mune.
That’s the Zambia u want.Pa zed,soon you will hear that it is political persecution.Pa Zed, it’s democracy even to steal.Zimya neighbour inapaka pa Zed .lol !
Maybe they dont get their deserving packages so they borrowed without asking.
These banks thats why sometimes i doubt my balance in my account. I think i will be checking and getting statements every month. Thanks for the news.
DEC and bank fraud? Hmmmm…….
I wonder too!
This is enough proof that so many accounts are played with, where possible ensure that you get and scrutinise your statement
I have always suspected bbz of criminality. Thank god I closed my account. Ni BA kabwalala baaaad!
Is our money safe in these banks…
Hey people, let’s get serious.Is this $20? or a typo? because K100,000 sounds like $20. And by the way, why the drug enforcement? Is this part of their job? amazing, that this makes news.