Barclays promotes anti-fraud awareness
Wednesday, November 16, 2016
Head of Financial Crime and Fraud Operations, Puseletso Seitei indicated that fraud becomes more rampant during busy periods like the festive season. Barclays Bank of Botswana therefore sensitises all bank users, individuals and organisations alike, to be vigilant of their financial accounts at all times and take the necessary precautions to avoid being victims,noted the bank. She urged all those who suspect any fraudulent activity to report such to either their bank or law enforcement agencies.
The bank says it continually reminds its customers to be vigilant against fraud. Several times a year, the bank drives awareness initiatives to sensitise its customers and the public to be more cautious to potential fraud.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...