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Bank of Africa apologises to DFCU boss Kisaame over his $40m account details leakage

Matooke Republic by Matooke Republic
October 9, 2018
in Business
Reading Time: 2 mins read
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Bank of Africa has issued an apology to DFCU Managing Director Juma Kisaame over his leaked USD40 million (shs150 billion) account details. The bank has also promised to reprimand staff behind the leakage.

Following the October 6 leakage of the account linked to Kisaame, there has been a social media frenzy with some individuals speculating that he could have personally gained from DFCU’s controversial take over of Crane Bank.

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Bank of Africa management has issued a press release saying it carried out an extensive investigation and established that one of the staff was compromised to access Kisaame’s accounts whereby the confidential details relating to the accounts were leaked to outsiders and apparently used to create distorted allegations about Kisaame’s account details.

“The bank dissociates its self from the unprofessional and illegal actions by staff and those who may have corruptly procured them to carry out this misdeed. The bank has initiated necessary disciplinary proceedings against them and will make a formal criminal complaint,” the release reads.

“The bank wishes to apologize to Mr. Juma Kisaame for the inconvenience and damages caused by this regrettable incidence,” the Bank Of Africa release reads.

According to the leaked account, that is circulating on social media. Kisaame had $40m on March 1, 2016 and within four months, he had withdrawn the account which remained with a balance of $688.

 

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