The Standard News (Uganda)
Bank Fraud
-
538Zombo Money Lenders Ordered to Return Clients’ Confiscated IDs
Zombo’s quick financial money lenders, who have been holding hundreds of national identity cards as collateral for loans, have been directed to...
-
542Six Govt Officials Granted Bail in Shs 60Bn BoU Fraud Case
Kampala, Uganda – The Anti-Corruption Court in Kampala has granted bail to six out of the nine government officials accused of orchestrating...
-
1.1KStanbic Bank Fraud Scandal: How $1.8 Million Was Stolen from a Client’s Account
Inside the Multi-Million Dollar Bank Heist In February 2023, a shocking case of financial fraud hit Uganda’s banking sector when a group...
-
433Court Orders Standard Chartered Bank to Pay UGX 60 Million for Unlawfully Cancelling Mortgage Facility
The High Court has ruled that Standard Chartered Bank acted unlawfully when it cancelled a mortgage facility it had already granted to...
-
1.1K
Stanbic Bank’s Fraud Epidemic: How Bank Officials Became Enablers of International Scammers
Stanbic Bank Uganda is in turmoil as its officials find themselves at the center of a major international fraud scandal. The Standard...
-
739
Uganda’s Biggest Bank Heist: How UGX 60 Billion Vanished in High-Level Government Fraud
KAMPALA – The Bank of Uganda (BoU) is under intense scrutiny as investigations uncover a sophisticated fraud syndicate that siphoned UGX 60...
-
176Whistleblower Exposes Alleged Illegal Activities of Digital Lending App in Uganda
Monica Musubika, a concerned whistleblower, has raised serious allegations against a digital lender, Gold Credit, and other similar apps for engaging in...
-
405Bank of Uganda, ministry of Finance staff, not hackers behind Shs 60bn heist
The investigation into the theft of Shs 60 billion from Bank of Uganda (BOU) has taken a new twist after it was...
-
354
BoU Under Probe Over Billions Lost in Mobile Money Switch
The Bank of Uganda (BoU) is under intense scrutiny following revelations of massive losses of billions in a mobile money application switch...
