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    Bank Fraud

    A Stanbic Bank office building in Kampala

    STANBIC USD1.8 MILLION THEFT: Bank speaks out; confirms theft but denies there was an intrusion of its IT systems

    by The CEO Magazine TeamIndustry & AnalysisThe Big StoryFebruary 13, 2023February 13, 2023

    Stanbic Bank Uganda, has spoken out about the brazen theft of USD1.8 million from one of its customers, Nile Energy Limited. In a brief statement released today, the bank acknowledged…

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