Former ANZ bank officer facing K1mil fraud charge

National

A former ANZ bank officer has been arrested and charged with misappropriating more than K1 million.
Konia Lohia, 33, of Porebada village in Central, was charged with three counts of misappropriation of funds totalling K1,019,468.90 and three counts of money laundering.
The money belongs to the ANZ Bank.
Lohia was arrested and charged last Wednesday by detectives from the National Fraud and Anti-Corruption Directorate.
He resigned from the bank in 2015. In April 2016, Lohia wrote to the bank, his former employer, and admitted the fraud and made known his intention to repay the money he had stolen.
Despite the undertaking, he has not repaid a single toea to date.
The matter was reported to the National Fraud and Anti-Corruption Directorate for investigation by the bank.
Investigations confirmed Lohia had used two bank accounts of his friends and they shared the proceeds among themselves.
The fraud went undetected by the system.
This gave him more confidence and the more transactions he made, he became careless and was discovered.
Investigations are continuing to arrest the co-accused.

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