The Governor, Chief Executives of Commercial Banks and the Head of Crime Investigation Services met at the Central Bank of Lesotho on Wednesday 25 April 2007 to discuss issues of common concern regarding the escalating commercial crime in Lesotho.

The meeting also agreed on the strategies to be employed to tighten controls thereby ensuring that the banking system is not misused by crime perpetrators.

The authorities are aware of increasing incidents of attempts to withdraw funds from the banks through fraudulent means.  These include check fraud, changing of identity documents and misuse of pin numbers of other people’s ATM cards, especially of the elderly, by their relatives.

From the conclusions of the meeting, it cannot be doubted that anybody who attempts to engage in fraudulent transactions will be apprehended by the Law Enforcement Agencies. 

The public is, therefore, warned to refrain from such malpractices.

Chief, Public Relations - 2007 28 April