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النهار أونلاين
Travel grant prompts cashier dismissal over alleged $28,500 fraud
Judicial investigations have revealed the involvement of an official at Al Baraka Bank in forging an amount of $28,500 in foreign currency. It is suspected that the operation caused direct financial harm to public funds. The case was uncovered following a complaint from Al Baraka Bank regarding counterfeit banknotes used in a travel grant; it was found that the chief cashier had replaced counterfeit bills with genuine ones in favor of a relative of his through multiple stages. The accused, including the bank employee and his relative, admitted to involvement in forgery and counterfeiting the currency. It was also revealed that the source of the counterfeit money was Spain, and that the operation was orchestrated among the accused for circulating and profiting from it. The suspects will face trial on charges of forgery and issuing and publishing counterfeit currency, while the bank is seeking compensation for the damages.
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