Employee allegedly defrauds Stanbic Bank

News
A STANBIC Bank worker employed at the Belmont Branch in Bulawayo allegedly defrauded her employer of close to $2 000 under the clients’ loan scheme.

A STANBIC Bank worker employed at the Belmont Branch in Bulawayo allegedly defrauded her employer of close to $2 000 under the clients’ loan scheme.

SILAS NKALA STAFF REPORTER

Lucia Tutani Dube (45) of Nkulumane suburb employed as a loans clerk appeared before Bulawayo magistrate Gladmore Mushove on Thursday facing charges of fraud.

Dube was not asked to plead to the charge and was remanded out of custody to November 14 for trial.

The court heard that sometime between February 6 and April this year, Dube debited a total of $730,98 from clients who had loans with the bank or diverted money meant for payment of loans to clients who made applications.

It is the State’s case that Dube would then credit the money to her friend Florence Musafari and sister Hazel Sibanda’s accounts before withdrawing and using it.

It is alleged that sometime in April, Mernard Shiri a Stanbic client applied for a loan of $1 150 through Dube who processed the forms.

Later on April 22, Shiri went back to the bank and cancelled the loan application through Dube, but she is alleged to have further processed the cancelled loan and forwarded it to management for approval.

After the loan was approved, Dube allegedly transferred the $1 150 to her friend Faith Tshuma’s account and later withdrew it and converted it to her own use.

The matter came to light when Shiri went to the bank and complained that there were some deductions showing that he owed the bank a loan yet he had cancelled the loan.

The bank management instituted an investigation which proved that Dube had processed the cancelled loan and allegedly converted the money to her own use. A report was made to the police, leading to her arrest.

Twitter feedback @silasnkala