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MP Okin Wants Parliament Probe Into Shs5.6Bn Bank Frauds

By Komakech Nicholas
The Vice Chairperson, Public Accounts Committee (PAC) who is also Chwa west county member of parliament Okin Ojara wants Parliament to investigate allegations in two petitions that some bank officials have been conniving with fraudsters to siphon funds off accounts off their customers.
While addressing journalists at Parliament today, Okin said that the Public Accounts committee has so far received two petitions from Kenneth Oyik and one South Sudan General Noor Akok who lost money in Stanbic Bank and Standard Chartered Bank.
According to Okin, the latest case was from Oyik who was alerted by his Bank that USD.200,000 had been transferred to Cairo Bank following a court order from High Court.
Oyik’s Bank told him that owners of Kabonero Green Millers Limited claimed he had conducted business with the company and refused to pay back the debt, prompting the Bank to handover the money without prior notice to their client.
Okin said that this is something that is making people’s savings in the bank unsafe.
He said that they have received three complaints General Noor Akok in SPLA lost USD740,000 in his account and another Eritrean who lost over Shs2Bn but was later found dead in Kenya after trying to follow up his money in Kenya.
Okin explained that this is a growing trend that Ugandans need to take care of adding that the fraudsters can go to the extent of eliminating people.

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