$4 Million Ecobank Heist: Safeguard Claim Innocence
“A US$4 million move obviously poses a significant risk and is well outside of any contracted limits for Safeguard."
$4 Million Ecobank Heist: Safeguard Claim Innocence
No arrests have been made yet but the net is closing in and the Zimbabwe Republic Police has since deployed teams to Bulawayo to assist in the investigations and the EcoBank branch has temporarily closed.
Inside Job: $4million Gone in Bulawayo Ecobank Heist
National police spokesperson Commissioner Paul Nyathi said yesterday that police suspected that the robbery involved insiders.
“We stand by our position. Someone leaked information about the movement of money, and we are questioning all possible suspects. The investigations are ongoing and we have dispatched teams to Bulawayo, we want to assure the nation that we will get to the bottom of this, we are leaving no stone unturned.”
$4 Million Ecobank Heist: Safeguard Claim Innocence
In a statement, Safeguard’s chief executive Mr Andrew Mallon alleged that the security company had not been made aware that they were moving such a large sum.
“We wish to remind all customers of their responsibility to work within their contracted limits for the movement of cash, and to communicate clearly with us if a cash movement is to be out of the ordinary. This allows us to plan and approach the risks appropriately.”
He added that moving such an amount is outside of their limits.
“A US$4 million move obviously poses a significant risk and is well outside of any contracted limits for Safeguard (and almost certainly the security industry Africa-wide),” he said.
