There’s been a report by New Vision, about a mobile money scam – of Sh5 billion ($1,665)- that was allegedly perpetrated by five ex-employees of MTN Uganda. The discovery was made apparently during an audit report conducted by the staff of an accounting/advisory organization, Grant Thorton.
The ex-employees of MTN allegedly posted fraudulent mobile money transactions that led to the loss of the money in question. They used 17 MTN fictitious subscribers account to defraud the company, according to Jasmine Sha (staff of the auditing firm).
“We analysed all the fraudulent transactions and related evidence in the form of access logs and audit trails available in the records. Based on the examinations and correlations, there is unthinkable evidence of direct and indirect involvement”, Sha said.
To lend credence to the story, Sha, before an anti-corruption court, revealed names of the characters in this debacle respectively as: Setongo (Finance Administrator), Angella Ayo, Brian Okurut, Eria Baryamwijuka and Joan Nabugwawo.
Consequently, the court charged all the accused with embezzlement, electronic fraud, unauthorized disclosure of access code, neglect of duty and conspiracy to defraud.
The accused, however, pleaded not guilty to all the charges.
Source: New Vision
Photo Credit: SarahMcGowen via Compfight cc
