The charges that have now been dropped had implicated Jacqueline Atim, 41, who was then the branch manager and Jessica Alunganti, 31, the then senior relationship officer
Centenary Bank loses Shs3b in internal fraud
Wednesday April 21 2021
Centenary Bank branch on Kampala Road. The bank, like several other financial institutions in Uganda, has been grappling with workers who are stealing money from customers and the bank. PHOTO/ FILE.
Summary
Centenary Rural Development Bank Ltd is a financial services provider in Uganda that is engaged in commercial banking. It is the third largest bank after Stanbic and dfcu banks.
According to the Annual Crime and Traffic Safety report 2020, Uganda lost money or property valued at Shs11.5t just only in economic crimes, translating into Shs32b being stolen every day last year.