FIBank clarifies reports

The First International Bank (Liberia) Limited or FIBank has clarified media reports in connection with the theft of US$300,100 at its branch in Ganta, Nimba County.

The clarification comes against the backdrop of a report in the March 18, 2015 back page edition of the Daily Observer newspaper captioned: US$300K Theft at FIBank in Ganta – Again, and other papers.

According to the paper, “Less than four months after 10 employees of the First International Bank or FIBank were charged with stealing US$1.2 million from the bank, four other employees have been arrested for reportedly stealing US$300,100- this time from the bank’s branch in Ganta, Nimba County.”

An FIBank releae quoted the paper as citing Police spokesman Sam Collins, as disclosing at a recent news conference that the employees were arrested on February 7, 2015 by the Major Crimes Investigation Department.

But the Management of Bank clarified that the US$300,100 at its Ganta branch, as focused on by the papers, is not a separate amount, but  inclusive of the original US$1.2 Million stolen from the bank in 2012- a case that is currently on docket at the Criminal Court “C” at the Temple of Justice, and not virtually a new issue as reported.

FIBank expressed the belief that the media can play a positive role in the bank’s service to the community by clarifying issues sensitive to the public.

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