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More Bank Staff Committing Fraud — NDIC

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Nigeria Deposit Insurance Corporation (NDIC) says the number of fraud cases attributed to internal abuse by staff of banks increased from 231 in 2016 to 320 in 2017.

Mr Mohammed Ibrahim, Head, Communications and Public Affairs of NDIC, said in a statement in Abuja on Sunday that the figure was in the organisation’s recent report on off-site supervision of the Deposit Money Banks (DMBs).

“The report relied on a total of 286 responses received from 26 banks during the period and there were 22 NIL monthly responses from the banks as at year ended Dec. 31, 2017.

“The 286 responses received from banks in 2017 cited 26,182 cases of fraud and forgeries which is 56.30 per cent higher compared to 16,751 cases reported in 2016.

“Similarly, the amount involved in the fraudulent activities documented increased by N3.33 billion from the N8.68 billion reported in 2016 to N12.01 billion in 2017 or 38 per cent.

“However, the expected/actual loss slightly-decreased by N24.42 million or 1.03 per cent from N2.39 billion in 2016 to N2.37 billion in 2017.”

Ibrahim said Internet/Online-banking and ATM/Card-related fraud-types reported constituted 24,266 or 92.68 per cent of all the reported cases, resulting in N1.51 billion or 63.66 per cent of losses in the industry in 2017.

He said the report also documented other miscellaneous crimes, such as fraudulent transfers/withdrawals, cash suppression, unauthorised credits and fraudulent conversion of cheques.

Others are diversion of customer deposits, diversion of bank charges and presentation of forged or stolen-cheques.

He said that 22 Licensed Commercial Banks and four Merchant banks rendered 286 returns on dismissed/terminated staff as a result of fraud and forgeries during the year under review.

Ibrahim said out of the 26,182 fraud cases reported by the 26 Licensed Banks, 320 cases were attributable to internal collaboration by bank staff.

“A total of 320 bank employees had their appointments either terminated or were summarily dismissed in 2017, as against 231 in 2016.

“That represented an increase of 38.53 per cent in the total number of fraud cases reported in 2017.

“However, the losses arising from the reported cases decreased from N760 million in 2016 to N682 million or about 11.43 per cent in 2017.”

Ibrahim said that NDIC attributed the improvement to additional internal control measures adopted by the banks in the wake of the proactive corrective measures taken to ensure their compliance with good corporate governance principles.

He said NDIC would investigate some banks for inadequate rendition of returns on instances of fraud, forgeries and cases involving members of staff dismissed or their appointments terminated on grounds of fraud.

He said that NDIC made the decision in light of the increase the report revealed.

He said that Section 35 and 36 of the NDIC Act No. 16 of 2006 (as amended) requires all DMBs to submit monthly information/returns on fraud and forgeries to the corporation.

He said in spite of the Fidelity Insurance Cover taken by banks to address fraud perpetrated by staff, there was still need for the banks to further enhance their internal control and security measures.

He said this was because of the rising trend of E-Channels (Online banking and Card-related) fraud and forgeries in the industry which remained a serious cause for concern to the organisation. (NAN)

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The Peruvian Government Has Officially Classified Transgender, Nonbinary And Intersex People As “Mentally ill”

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According to the country’s ministry of health, the controversial decision was made to ensure the country’s public health services could “guarantee full coverage of medical attention for mental health” for the trans community.

It also categorises “dual-role transvestitism,” “fetishistic transvestism,” and “other gender identity disorders” under the same bracket of mental illness.

The new law will change language in the Essential Health Insurance Plan (PEAS) to reflect the view of trans and intersex people as a mental health disorder.

Trans groups across Peru have loudly condemned the decision as a step backwards for the country’s already complex relationship with LGBTQ+ rights.

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Math Teacher Accused Of Having Sex With 2 Students And Getting Pregnant For One Tearfully Reveals The Baby Was Taken Away From Her

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The UK teacher who had a baby with an underage student while on trial for having sex with another teenage boy broke down in court after revealing her newborn baby girl had been “taken away” from her.

Manchester math teacher Rebecca Joynes, 30, sobbed to jurors over how her baby was taken “24 hours after being born” this past January — and now she only sees her for nine hours a week, Joynes told jurors on Monday, May 13, according to the Manchester Evening News.

“At the moment I have contact with her three times a week for three hours and that’s it,” she said through tears.

Joynes was arrested and released on bail on orders not to have unsupervised contact with anyone under 18 after allegedly grooming her pupil, known as Boy A in court, by buying him a $430 Gucci belt before bringing him to her apartment for unprotected sex.

She was suspended from school and eventually fired, but soon after, she began having a relationship with a 15-year-old boy, known in court as Boy B, whom she had a baby with in January.

Joynes, who has denied having sex with either boy when they were underage, told the court that when she learned of the allegations against her she had gone to the second boy in a “panic” and he deleted all of her phone’s content.

The former teacher denied having a sexual relationship with the second boy until after he turned 16 and she was already suspended from teaching.

According to her narration,

She said he had added her on Snapchat twice, which she only accepted the second time because she thought he “wanted to tell her something.”

Joynes said a friendship developed and he quickly became her “best friend” even though the boy would make flirtatious and sexualized comments toward her when he was drunk.

She told jurors that it wasn’t until after his 16th birthday that he messaged her saying “I’ve left school now” with a winky face.

After she received notice that she had been dismissed from her job, he went to her apartment, where following an emotional conversation, they had sex.

The two then entered a relationship that Joynes described as “quite toxic” telling the court how the teenager was “very controlling.”

After discovering she was pregnant, Joynes hid love notes for the boy to find around her apartment.

The notes eventually led to a piece of baby clothing that had the words “I love my daddy to the moon and back” written on it.

The court was told that she gave birth to their baby girl in January, but following an emergency court hearing, the newborn was taken away from Joynes.

Joynes has denied two counts of sexual activity with Boy A; two counts of sexual activity with Boy B; and two counts of sexual activity with Boy B while being a person in a position of trust.

Her trial is ongoing.

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First Man To Receive Pig Kidney Transplant Has Died

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The first Man to receive a genetically modified pig kidney transplant has died two months after the operation.

Massachusetts General Hospital (MGH), which carried out the procedure in March, announced Sunday, May 12, that Richard “Rick” Slayman, 62, has died.

They said there was no indication his death was a result of the transplant.

Transplants of other organs from genetically modified pigs have failed in the past, but the operation on Mr Slayman, who was suffering with end-stage kidney disease, was hailed as a historic milestone.

In addition to kidney disease, Mr Slayman also suffered from Type 2 diabetes and hypertension.

In 2018, he had a human kidney transplant, but it began to fail after five years.

Following his pig kidney transplant on March 16, his doctors confirmed he no longer needed dialysis after the new organ was said to be functioning well.

“Mr Slayman will forever be seen as a beacon of hope to countless transplant patients worldwide and we are deeply grateful for his trust and willingness to advance the field of xenotransplantation,” MGH said in a statement.

Xenotransplantation is the transplanting of living cells, tissues or organs from one species to another.

MGH said it was “deeply saddened” at his sudden death and offered condolences to his family.

Mr Slayman’s relatives said his story was an inspiration.

“Rick said that one of the reasons he underwent this procedure was to provide hope for the thousands of people who need a transplant to survive,” they said.

“Rick accomplished that goal and his hope and optimism will endure forever.

“To us, Rick was a kind-hearted man with a quick-witted sense of humour who was fiercely dedicated to his family, friends, and co-workers,” they added.

While Mr Slayman received the first pig kidney to be transplanted into a human, it is not the first pig organ to be used in a transplant procedure.

Two other patients have received pig heart transplants, but those procedures were unsuccessful as the recipients died a few weeks later.

In one case, there were signs the patient’s immune system had rejected the organ, which is a common risk in transplants.

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