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Commercial Bank of Ethiopia Names and Shames Customers Over Bank Glitch Money

Friday April 5, 2024. 06:44 PM , from Slashdot
Commercial Bank of Ethiopia Names and Shames Customers Over Bank Glitch Money
An Ethiopian bank has put up posters shaming customers it says have not returned money they gained during a technical glitch. From a report: Notices bearing their names and photos could be seen outside branches of the Commercial Bank of Ethiopia (CBE) on Friday. The bank says it has recovered almost three-quarters of the $14m it lost, its head said last week. He warned that those keeping money that is not theirs will be prosecuted. Last month, an hours-long glitch allowed customers at the CBE, Ethiopia's largest commercial bank, to withdraw or transfer more than they had in their accounts.

Read more of this story at Slashdot.
https://it.slashdot.org/story/24/04/05/1630247/commercial-bank-of-ethiopia-names-and-shames-customer...

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