DFCU bank has acknowledged that a case of fraud was detected and immediately reported to Police at CID head offices under reference GEF 604/2019.
The bank through a statement released Monday evening says the fraud took place in May this year.
“In May 2019. the Bank detected a case of fraud that was immediately reported to the police (CID HDQTRS GEF 604/2019) and investigations are ongoing,” the statement reads in part.
Whereas the bank partly refers to stories published by online news outlets about the scam as falsehoods, it must be noted stories disseminated captured Police General Inquiry File (GEF) 604/2019.
Further the stories quoted facts including name of the suspect and the charges preferred against him.
However, DFCU management had earlier feigned ignorance and rejected that fraud had occurred inside the bank.
DFCU’s statement
In the last couple of days and the recent past there have been several malicious falsehoods written in respect to affairs at dfcu Bank by some blogs and online publications. The Bank wishes to clarify as follows:
In May 2019. the Bank detected a case of fraud that was immediately reported to the police (CID HDQTRS GEF 604/2019) and investigations are ongoing.
Unfortunately. reports of this incident have been grossly and maliciously misrepresented in an attempt to damage the reputation of the Bank, destabilise the banking sector and the economy in general.
As a regulated entity, dfcu subscribes to the highest levels of compliance in its operations including Anti Money Laundering and is subject to regular inspections and examination by the relevant regulators on its conformity with both local and international compliance standards. 3. The Bank takes these malicious reports seriously and reserves the right to take legal action as well as to refer the authors and disseminators to the relevant law enforcement authorities.
dfcu would like to reassure all its customers, stakeholders and the general public that the Bank is safe and sound and continues to focus on its mandate of making more possible for Ugandans through the provision of superior financial services that transform the economy and enhance the well-being of the people. We urge the public to disregard the continued malicious publications and treat them with the contempt they deserve.