By Carol Sichone A suspected theft of funds has hit the Mkushi Branch of Stanbic Bank Zambia after reports emerged that clients and account holders were defrauded of their money, allegedly through internal staff-related and system activity. The development follows reports of serious internal and system-related fraud affecting clients, including some commercial farmers in the country’s agricultural hub. Concerns have since grown over missing funds, the safety of accounts, and the extent of the possible losses involved. In a press query, Zambian Business Times (ZBT) asked the bank to confirm whether there was an internal and system fraud case involving...
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