About 40% of graduates travel to the financial sector to commit fraud – MD from Cal Bank news Ghana news



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Frank Brako Adu, managing director of the investment bank, Cal Bank, revealed a rather surprising statistic according to which 4 out of 10 graduates enter the financial sector only to enrich themselves quickly and are forced to defraud.

Cal Bank chief executive, Frank Brako Adu, has criticized Ghana's recent graduates, among whom he claims that 40% of them are turning to the financial sector with the intention of committing fraud.

It's unclear where the bank chief got his figures, but in a report previewed by YEN.com.gh On Ghanacrusader.com, Adu reportedly said: "40% of all new graduates who go to banks, cashier jobs, etc. leave with the intention of defrauding the institution."

This figure, if it is true, besides being a worrying moral problem, indicates the future of Ghana and its future.

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Adu added that there was every day a lot of fraud in the banks, the worst being located in the cyberspace of the sector.

According to the Ghana Police Cybercrime Unit, Ghana lost $ 229.9 million, or 1.2 billion GHC, due to cybercrime between August 2016 and August 2018.

According to the Ghana police's cybercrime unit, Ghana lost $ 229.9 million, or 1.2 billion GHC, between August 2016 and August 2018. This disclosure revealed $ 28 million. about 150 million GHC, or 40% of cybercrime losses. in 2017, funds were stolen from banks.

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Professor Aaron Mike Oquaye, Speaker of the Ghana Parliament, called on Parliament's parliamentary committee to take steps to put in place a pension plan for MPs.

This, he said, would help them protect themselves during retirement, as some former MPs were known in the past to complain about their poverty after leaving Parliament.

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Source: Yen

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