Cashier charged with stealing from bank

[General Veers]

Published: Wednesday October 27, 2010 MYT 10:52:00 AM
Updated: Wednesday October 27, 2010 MYT 2:14:02 PM

Cashier charged with stealing from bank

By WINNIE YEOH

GEORGE TOWN: A bank’s chief cashier was charged with stealing RM910,000 from the bank he worked in at Bishop Street here on Oct 18. The accused, Mohd Nasir Ismail, 46, who was accompanied by several family members in the court room, was released on a RM8,000 bail on Wednesday.

Deputy public prosecutor Pang Chun Keat initially called for RM10,000 bail but the accused’s counsel, R.S.N. Rayer, asked to reduce bail to RM5,000 as his client had four school-going children. The magistrate's court settled for RM8,000 and magistrate Nor Aini Yusof fixed Nov 22 for submission of documents. Mohd Nasir, from Sungai Petani, was dressed in a white shirt and appeared calm in the court room.

He is charged under Section 381 of the Penal Code for theft, which carries a jail term up to seven years and a fine. The suspect and an administrative assistant were detained by police on Oct 20 for allegedly stealing a total of RM1.5mil from the bank's strongroom. It was reported that the administrative assistant, also aged 46, was released on police bail and had agreed to cooperate with the police.

The theft was uncovered when bank officials discovered the missing money and lodged a police report on Oct 19. A packet containing RM90,000 was found on the lower ground floor of the bank while another packet of RM500,000 was recovered on the second floor. Another RM860,000 was later retrieved from a bowling bag at a bowling alley in Sungai Petani.

 

[Gan Ning]

Bank officers held over theft


Wednesday October 27, 2010

Bank officers held over theft

By ANN TAN
[email protected]

GEORGE TOWN: A chief cashier and an administrative assistant have been arrested for allegedly stealing cash totalling RM1.5mil after a bank in Bishop Street reported the amount missing from the strong room. The two, who allegedly removed RM910,000 from the bank, were picked up after police started probing the theft. Their so-called plot to steal the cash was uncovered midway when bank officials discovered the cash missing and launched a probe.

Lost and found: The money that was recovered by the police.

About RM1.45mil have been recovered from a total of RM1.5mil that went missing from a strong room earlier. The bank management conducted an internal investigation over the weekend of Oct 17 when they discovered the disappearance of the cash. A packet containing RM90,000 was found on the lower ground floor of the building while another packet of RM500,000 was found on the second floor during that period.

State police chief Deputy Comm Datuk Wira Ayub Yaakob said the banks management lodged a report on Oct 19. “We immediately went through the standard operating procedures to see if there was any flaw in the process of handling the cash. “The investigation was later narrowed down to the possibility of an inside job.

The next day, we arrested a chief cashier and an administrative assistant. “The 46-year-old chief cashier later revealed that he had hidden another RM860,000 in a bowling alley in Sungai Petani and a bowling bag containing the money was found at the place later,” he said. DCP Ayub said the chief cashier, however, said he had spent the remaining RM50,000.

“We are tracing the RM50,000 to see where he spent the money. “We are also trying to determine who is the mastermind,” he said, adding that the chief cashier had been remanded until today. The administrative assistant, also aged 46, was released on police bail and had agreed to give police his cooperation. The case has been classified under Section 381 of the Penal Code for theft.

It was learnt the RM910,000 that was taken out of the bank was done in stages within a week, and police moved in before the remaining cash was removed. Theft by bank employees have been reported occasionally. The most recent one happened in 2000, where four KL International Airport (KLIA) Perwira Affin Bank employees were charged with robbing the bank of RM856,000 together with three other men.

 

[Ieyasu Tokugawa]

Bank cashier charged with theft


Thursday October 28, 2010

Bank cashier charged with theft

GEORGE TOWN: A bank’s chief cashier was charged with stealing RM910,000 from his employer at Bishop Street here on Oct 18. The accused, Mohd Nasir Ismail, 46, was released on RM8,000 bail yesterday. Magistrate Nor Aini Yusof fixed Nov 22 for submission of documents. Mohd Nasir, from Sungai Petani, was charged under Section 381 of the Penal Code for theft which carries a jail term of up to seven years and a fine upon conviction.

Alleged thief: Mohd Nasir covering himself with a jacket while leaving the magistrate’s court yesterday.

The suspect, along with an administrative assistant, was detained by police on Oct 20 for allegedly stealing a total of RM1.5mil from the bank’s strongroom. It was reported that the administrative assistant, also 46, was released on police bail and has agreed to cooperate with police. The plot was uncovered when bank officials discovered the money missing and lodged a police report on Oct 19. A packet containing RM90,000 was found on the lower ground floor of the bank while another RM500,000 was recovered on the second floor. Police later retrieved RM860,000 from a bag at a bowling alley in Sungai Petani.