Staff steals Rp 3.6b from Bank DKI: Prosecutor
Staff steals Rp 3.6b from Bank DKI: Prosecutor
Abdul Khalik, The Jakarta Post, Jakarta
The Jakarta Prosecutor's Office said on Thursday it was
investigating the possible embezzlement of Rp 3.6 billion
(US$400,000) by a Bank DKI employee in the latest in a string of
alleged bank frauds.
The head of the intelligence division at the Jakarta
Prosecutor's Office, Farried Haryanto, said prosecutors were
searching for Dwi Norman Putranto, a customer service employee at
the Bank DKI Tebet Barat branch.
"We declared Dwi a suspect in the case after finding
sufficient evidence against him. He was able to flee before we
could arrest him. We have put him on our wanted list and have
ordered our officers across the country to assist in his
capture," Farried told The Jakarta Post.
Since early last year to June of this year, Dwi allegedly
stole Rp 3.6 billion by transferring customers' money into an
account he set up and withdrawing the money through ATMs.
Dwi allegedly stole the password of the branch head to gain
access to customers' accounts.
"Somehow, the suspect had access to the password and used it
to withdraw money," Farried said.
An internal audit conducted by Bank DKI's headquarters in June
uncovered the questionable transfers and reportedly traced the
transfers back to Dwi.
Dwi disappeared shortly after the audit uncovered the
transfers.
The case was reported to the Jakarta Prosecutor's Office in
mid-December, while the branch head was removed from his post
and placed in a non-operational unit pending the completion of
the investigation.
Many observers have said that employee misconduct has been a
key factor in many of the banking crimes committed over the last
several years.
Last week, the Jakarta Police arrested two employees of Lippo
Bank's Cideng branch for allegedly stealing Rp 164 million from
customers' accounts.
Banking expert Fendi Susiyanto said some bank employees used
their familiarity with the system to embezzle money.
"The banking system is becoming more and more dependent on
technology. Insiders can misuse the system because they know
about the internal system at their bank. The only way to prevent
this is to improve a bank's internal audits," he said.
Bank fraud cases allegedly involving employees
No. Bank Modus Operandi Amount
1. DKI Tebet Barat employee transfers funds Rp 3.6 billion
branch from one account to another
and withdraws the money using
ATMs
2. Lippo Bank Cideng employees create fake ATM Rp 164 million
branch cards and saving books for inactive
accounts and withdraw the money
3. Several branches employees cooperate with Rp 1.95 trillion
of BNI, including businessmen using fake
Pondok Indah and collateral and letters of
Kebayoran Baru credit to apply for loans
4. BII Senen branch employees cooperate with Rp 31 billion
businessmen falsifying
signatures to withdraw
customers' money
5. Several branches employees cooperate with Rp 294 billion
of BRI, including businessmen illegally
Tanah Abang, authorizing transfer of
Senen and Bogor customers' funds to
other accounts
Abdul Khalik, The Jakarta Post, Jakarta
The Jakarta Prosecutor's Office said on Thursday it was
investigating the possible embezzlement of Rp 3.6 billion
(US$400,000) by a Bank DKI employee in the latest in a string of
alleged bank frauds.
The head of the intelligence division at the Jakarta
Prosecutor's Office, Farried Haryanto, said prosecutors were
searching for Dwi Norman Putranto, a customer service employee at
the Bank DKI Tebet Barat branch.
"We declared Dwi a suspect in the case after finding
sufficient evidence against him. He was able to flee before we
could arrest him. We have put him on our wanted list and have
ordered our officers across the country to assist in his
capture," Farried told The Jakarta Post.
Since early last year to June of this year, Dwi allegedly
stole Rp 3.6 billion by transferring customers' money into an
account he set up and withdrawing the money through ATMs.
Dwi allegedly stole the password of the branch head to gain
access to customers' accounts.
"Somehow, the suspect had access to the password and used it
to withdraw money," Farried said.
An internal audit conducted by Bank DKI's headquarters in June
uncovered the questionable transfers and reportedly traced the
transfers back to Dwi.
Dwi disappeared shortly after the audit uncovered the
transfers.
The case was reported to the Jakarta Prosecutor's Office in
mid-December, while the branch head was removed from his post
and placed in a non-operational unit pending the completion of
the investigation.
Many observers have said that employee misconduct has been a
key factor in many of the banking crimes committed over the last
several years.
Last week, the Jakarta Police arrested two employees of Lippo
Bank's Cideng branch for allegedly stealing Rp 164 million from
customers' accounts.
Banking expert Fendi Susiyanto said some bank employees used
their familiarity with the system to embezzle money.
"The banking system is becoming more and more dependent on
technology. Insiders can misuse the system because they know
about the internal system at their bank. The only way to prevent
this is to improve a bank's internal audits," he said.
Bank fraud cases allegedly involving employees
No. Bank Modus Operandi Amount
1. DKI Tebet Barat employee transfers funds Rp 3.6 billion
branch from one account to another
and withdraws the money using
ATMs
2. Lippo Bank Cideng employees create fake ATM Rp 164 million
branch cards and saving books for inactive
accounts and withdraw the money
3. Several branches employees cooperate with Rp 1.95 trillion
of BNI, including businessmen using fake
Pondok Indah and collateral and letters of
Kebayoran Baru credit to apply for loans
4. BII Senen branch employees cooperate with Rp 31 billion
businessmen falsifying
signatures to withdraw
customers' money
5. Several branches employees cooperate with Rp 294 billion
of BRI, including businessmen illegally
Tanah Abang, authorizing transfer of
Senen and Bogor customers' funds to
other accounts