Malawi Police arrest OIBM supervisor in Kasungu for K1m theft

Malawi police in the central region district of Kasungu have arrested an Opportunity International Bank (OIBM) operations supervisor suspected of stealing K1, 439, 000 from a customer’s account.

Kasungu police station spokesperson Edwin Kaunda confirmed the development to Nyasa Times on Wednesday.

Kaunda said the suspect Lincy Mandali who was OIBM’s operations supervisor for Kasungu Branch was arrested on 25 June after an audit that the bank instituted in the second week of June.

The audit report revealed that on 12 June this year, Mandali authorised withdraws of K370, 000, K400, 000 and K669, 000 from Achimwene Holdings without the customers knowledge.arrest

”The suspect fraudulently authorised the withdraw of this money and without the consent of the owner of the account who is a customer to the Bank,” said Kaunda.

He said the suspect will appear in court soon to answer charges of fraudulent false accounting and theft.

The suspect comes from Jacob Village, T/A Mtwalo in Mzimba district.

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