BNR employee arrested over missing money

HUYE - An employee of the National Bank of Rwanda (BNR), Southern Province branch, was arrested last week in connection with the disappearance of Rwf 9m from the bank. Police spokesman Superintendant Eric Kayiranga confirmed the development in an interview with The New Times; he said investigations into the case continue.

Thursday, January 07, 2010

HUYE - An employee of the National Bank of Rwanda (BNR), Southern Province branch, was arrested last week in connection with the disappearance of Rwf 9m from the bank.

Police spokesman Superintendant Eric Kayiranga confirmed the development in an interview with The New Times; he said investigations into the case continue.

"The Police together with an external audit team from the BNR headquarters are finalizing investigations into the case. The suspect will be arraigned before court if we ascertain enough evidence to sustain the case against him,” said Kayiranga.

Jean Baptiste Ntawutavugwa was arrested after an audit team unearthed the scam at the end of last year. The suspect denies any wrong doing.

"I was the first person to alert Bank authorities on the missing money. There is no way I could have had access to where the money was kept,” he told reporters.

Jean Marie Rurangwa, the National Bank branch manager told reporters that the deficit was discovered at the end of the year by the Bank’s internal audit team.

"An audit team from the Bank’s headquarters is here to determine if there are other accomplices in the mysterious disappearance of the bank money,” he said.

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