Photo Gallery | 96745 Views | May 06,2019
May 18 , 2019
Paul Gabriel Amos, 47, had recieved in 2008 a transfer of 1.84 million dollars from NBE's corporate account with the Citibank.
A Nigerian national of Singapore resident was sentenced to three years in jail for swindling money connected to the National Bank of Ethiopia (NBE) accounts at Citibank in New York.
Paul Gabriel Amos, 47, had received a transfer of 1.84 million dollars from NBE's corporate account with Citibank in 2008. According to Malaymail, it was part of fraudulent transactions issued on behalf of the NBE to transfer 27.2 million dollars to various beneficiaries in the US, Australia, Japan, China, Hong Kong and South Korea.
Paul Gabriel Amos, 47, had recieved in 2008 a transfer of 1.84 million dollars from NBE's corporate account with the Citibank.
Officials at Citibank admitted responsibility for the fraud at the time and reimbursed NBE within two months of the incident, a person knowledgeable with the case told Fortune.
Photo Gallery | 96745 Views | May 06,2019
Photo Gallery | 88928 Views | Apr 26,2019
My Opinion | 67168 Views | Aug 14,2021
Commentaries | 65761 Views | Oct 02,2021
Apr 20 , 2024
In a departure from its traditionally opaque practices, the National Bank of Ethiopia...
Apr 13 , 2024
In the hushed corridors of the legislative house on Lorenzo Te'azaz Road (Arat Kilo)...
Apr 6 , 2024
In a rather unsettling turn of events, the state-owned Commercial Bank of Ethiopia (C...
Mar 30 , 2024
Ethiopian authorities find themselves at a crossroads in the shadow of a global econo...