African Country Seeks to Recover Millions Lost in Banking Glitch

Mar 21st 2024 3:42am EDT

Customers who withdrew more than they own during a weekend system flaw will face prosecution, Ethiopia’s commercial bank has warned. A banking system glitch in Ethiopia over the weekend allowed customers to withdraw more than they had in their accounts, with the East African nation’s largest bank reportedly scrambling to recover more than $40 million […]

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