An employee of the United Bank for Africa (UBA) is presently undergoing criminal investigation in connection with an alleged scheme that led to the disappearance of over US$30K from the bank.
The employee only identified as ‘Joshua’ is a Nigerian national and an IT Specialist, an insider who requested anonymity said.
Information reaching the Daily Observer alleged that Joshua has been dismissed from his job and has been turned over to the National Security Agency (NSA).
The allegation was confirmed by the bank yesterday, but stated that its auditors, not the NSA, are conducting an internal investigation with employees.
Douglas Jones, Corporate Communications Director, addressing journalists yesterday at the bank headquarters on Broad and Nelson Streets in Monrovia failed to explain whether or not the investigation has anything to do with the alleged theft at the bank.
He also did not provide clarity on the security investigation of the suspect. Neither did he disclose the names of employees being audited.
“I can’t say over US$30,000 is missing at the bank. And I also can’t say which one of the employees is involved in the act and from which branch,” Jones told journalists yesterday. “What I could say is that our auditors are carrying out an internal audit.”
The theft was allegedly discovered recently by the bank’s unidentified internal auditor who reported the incident to the management team, the source further alleged.
Assuring customers that regulations are in place to protect their account, Jones said, “No customer’s accounts has been affected because we have a good regulatory system in place which no employee can easily breach to gain access to the bank’s customer accounts.”
He added “We cannot say anything for now. If we were to do so, we would prejudice the investigation. I don’t know whether it is the branch at the Red Light, Sinkor or Central Monrovia.”
Jones said the public will be informed after the auditors complete their job.
He reiterated, “I want to make this clear. Nobody enters our customers’ accounts to withdraw money.”
It may be recalled that in early 2013 about US$1M was allegedly stolen from the bank leading to 13 employees being arrested and charged with multiple offenses including theft of property, economic sabotage, criminal facilitation and conspiracy among others.