This is because some funds have been recovered after Nico Rebebe (30) allegedly stole N$200 million from the bank.
"The potential loss is less than N$2 million thanks to vigilant staff action and robust systems and controls within
"No customer funds have been affected in any way by this incident," Hans says.
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"The bank remains steadfast in its commitment to transparency and will release additional information as soon as it becomes available, without compromising the integrity of the ongoing investigation," the bank has said in a press statement.
The police have reported that Rebebe allegedly transferred N$200 million into two bank accounts on Saturday.
This is according to the weekend crime report released on Sunday.
This transaction was done without the authorisation of the involved branch manager.
The police have issued a wanted notice for Rebebe
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