Commercial Bank of Ethiopia names and shames customers over bank glitch money - BBC News

The Commercial Bank of Ethiopia is trying to regain the full $14m withdrawn during a technical glitch.

2 hours agoShareclose panelShare pageCopy linkAbout sharingImage source, Amensisa Ifa/BBCImage caption, Poster have been put up around CBE branches, like this one in the capital, Addis AbabaBy Kalkidan YibeltalBBC News, Addis AbabaAn Ethiopian bank has put up posters shaming customers it says have not returned money they gained during a technical glitch.

Notices bearing their names and photos could be seen outside branches of the Commercial Bank of Ethiopia (CBE) on Friday.

The bank says it has recovered almost three-quarters of the $14m (£12m) it lost, its head said last week.

He warned that those keeping money that is not theirs will be prosecuted.

Last month, an hours-long glitch allowed customers at the CBE, Ethiopia's largest commercial bank, to withdraw or transfer more than they had in their accounts.

https://www.bbc.co.uk/news/world-africa-68740796

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