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Africa Live: Sudan's Bashir moved to 'secure military site' - lawyer - BBC News | Africa Live: Sudan's Bashir moved to 'secure military site' - lawyer - BBC News |
(32 minutes later) | |
Ethiopia's largest commercial bank has given customers who withdrew more money than they had in their accounts until the end of the week to return it or face arrest and prosecution. | |
Local media reported that more than $40m (£31m) was withdrawn or transferred to other banks on Saturday during a system glitch lasting several hours at the state-owned Commercial Bank of Ethiopia (CBE). | |
In an interview with the BBC Newsday programme, CBE President Abe Sano on Wednesday said the bank has traced most of the transactions conducted during the glitch. | |
When asked whether CBE would report those who don't return the money to the police, Mr Abe replied: | |
"Yeah, yeah, for sure. We are doing already". | |
He added that the bank will take legal action against those who will not have returned the funds "after this weekend". | |
"There is no way that they can escape because they are digital [transactors] and they are our customers. We know them. They are traceable and they are legally accountable for what they did," Mr Abe told Newsday. | |
Some of the customers who withdrew excess money have already returned it to the bank, Mr Abe said. | |
He however disputed the reports that customers took $40m, saying the amount taken was far smaller but will be accurately determined after an ongoing audit is completed later this week. | |
Mr Sano added that the audit is being done because some of the 10,000 customers who transacted during the glitch conducted legitimate transactions. | |
Read more: | |
Commercial Bank of Ethiopia glitch lets customers withdraw millions | |
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