Tag: Equity Bank

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Equity Bank Fraud: Managing Director and 8 Staff Members Charged with Defrauding the Bank of over UGX 65 Billion

Uganda police working with the Equity Bank’s anti-fraud team have so far charged the Managing Director Onyango Kennedy and eight of the bank’s staff...

Prime Minister Nabbanja Orders Probe into Rising Allegations of Digital Bank Fraud

Prime Minister Robinah Nabbanja has ordered the Bank of Uganda to look into the reports of digital bank fraud that have recently alarmed Ugandans,...

How secure is clients’ money in banks, Is it still safe to save with banks?

Centenary Bank's management released a statement on October 18, 2023, acknowledging fraudulent activities in one of their clients' accounts. The fraud was carried out...