Stanbic Bank denies negligence in recent fraud scandal

Stanbic Bank has denied assertions that negligence on its part could have contributed to the recent fraud scandal involving a female staff.

A sales officer, Martha Amakye allegedly duped about 70 customers to the tune of over GHC900 by issuing fake receipts at the bank’s Tema Community 1 Branch. 

She has since absconded and declared wanted by the police, however, the bank insists it expects the incident to rather boost customer confidence in its operations mainly because of the mechanisms instituted afterwards.

Speaking with JOY BUSINESS, Head of Marketing and Communications, Mawuko Afadzinu said the bank cannot be blamed for the development.


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