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Namibia: FNB clients lose N$4 million to fraud in two months – News

Namibia: FNB clients lose N million to fraud in two months – News

Africa Links 24 with Donald Matthys
Published on 2025-01-26 06:00:00

FIRST National Bank (FNB) Namibia investigated 103 fraud incidents during November and December last year, totalling a loss of just over N$4 million.

This was revealed by FNB Namibia chief risk officer Johan du Plessis yesterday. Du Plessis said about N$1 million was successfully recovered for affected clients.

“Looking at the period of November and December 2024, FNB has reported and investigated 103 fraud incidents.

This represents less than 1% of the customer base impacted by…

Read the Full article on The Namibian

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