Customers' money at various banking institutions in the country has been targeted by criminals and even employees of said banking institutions are no exception of criminal activities within said banks.
There are current criminal records at the various criminal courts in Montserrado County linking majority of our private banking institutions with 75% of the criminal records pointing fingers at employees of these commercial banks.
In spite of theses criminal activities still unfolding in the country's banking segment, depositors or customers are more or less living with these terrifying situations.
With the criminal activities within the banking institution on the increase and banking institutions finding it difficult to stop or police said unlawful act, the management of FIBank has reported that its coffer has been entered into by some of its staffer by making away with over US$1m.
According the bank Special Assistant to the Managing Director, internal investigation conducted recently by the bank has established that seven employees of said bank clandestinely conspired in defrauding the bank of its assets in the neighborhood of US$1.2m.
Mr. A. Ambulah Mamey informed this paper last week that the doers are currently under the custody of the Liberia National Police (LNP) undergoing investigations for possible prosecution while the bank continues its regular operations since the fraud has zero effect on customers' money.
"This situation, in line with regular and professional standard, was firstly reported to the Central Bank of Liberia and this press briefing is just fulfillment of our responsibility to the market we overate in," he said.
The FIBank executive then assured thousands of customers of maximum security of their money and the bank's continuous of products and services that are tailored toward wealth creation and poverty reduction in the economy.