Bank staff sentenced for stealing MVR 400k from customer accounts
The judge ordered Mazin to pay the fine within three months as per the plea agreement with the state.
A Bank of Maldives (BML) customer service assistant has been fined and sentenced to community service by the Criminal Court on Sunday.
The prosecution charged Ali Mazin from B. Eydhafushi with embezzlement.
According to the lawsuit filed in court:
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From 18 September 2012 to 26 October 2021, without customer permission, registered them for internet banking
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Mazin deposited funds from 13 customers in Baa Atoll to his account and did forex trading transactions
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A total of MVR 482,611.41 was stolen by Mazin using personal accounts along with invalid credit card payments and forex trading transactions
Mazin pleaded guilty in the Criminal Court. He also signed a plea agreement with the Prosecutor General's Office. The plea agreement contains:
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The basic punishment for the offence is 1 year, 7 months and 6 days in jail
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Under rules for commuting jail sentence to fine and community service, 40 hours community service and payment of a fine of MVR 56,200 were imposed
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To compensate customers for losses, Mazin will sign an agreement with BML and continue to pay as per the agreement
The judge ordered Mazin to pay the fine within three months as per the plea agreement with the state. He should be assigned an appropriate job by the corrections to serve the society.
