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Bank employee causes client to lose Dh1.1 million

Dubai - The woman was a sales executive at the bank and abused her post to log on to the e-system and extract data

A sales executive at a bank allegedly solicited and accepted a total of Dh55,000 worth of bribes in return for doing unlawful favours, the Court of First Instance was told.
Public prosecution records show the 28-year-old Indian woman was a sales executive at the bank when she allegedly abused her post to log on to the e-system and extract data pertaining to as many as 2,500 clients, whose account balances exceeded Dh500,000 and which saw no transactions for quite some time.
She allegedly revealed the confidential information to a runaway accomplice - a 35-year-old Indian - who in turn passed it to another Indian suspect, currently at large.
The data included the clients' names, dates of birth, money in their accounts and the numbers of their bank cards.
With the main defendant's alleged conspiracy, four men managed to embezzle more than Dh1.1 million from a client's bank account after they uploaded the bank smart application on a mobile phone with a SIM card, in the client's name. They misused the client's mobile number and enjoyed the banking services on his behalf. They had applied for a replacement card, in the client's name, after forging a special power of attorney they falsely claimed was issued from a notary-public. They also submitted forged documents to a telecommunication provider to obtain the replacement SIM card.
The alleged wrongdoings ran from December 21, 2015 to January 14, 2016, and a complaint was filed at Al Qusais police station.
While the bank employee has been charged with seeking bribes, abuse of post, getting unlawful access to an e-system, divulging confidential data and criminal complicity in fraud, her runaway accomplices are standing trial in absentia for forgery, use of forged documents and fraud.
The court is expected to issue a ruling on January 7.
mary@khaleejtimes.com