Standard Bank fires 82 staff after ghost accounts probe | Business

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Standard Bank has finalised the investigation into the conduct of bankers that activated dormant accounts with their money, and 82 people have now been dismissed. | News24_Business

Standard Bank says its investigation into the MyMo account scandal, which saw bankers activate clients' accounts with their own money, is now complete. The disciplinary and firing processes are almost done too, with 82 dismissals thus far.

The practice of some Standard Bank employees activating dormant customer accounts with their money, and sometimes with the company's petty cash from their managers, came to the spotlight early in 2022 when the bank fired 34 bankers.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

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