FIBank Sets Record Straight

The First International Bank (Liberia) Limited (FIBank), wishes to clarify media reports in connection with the theft of US$300,100 at its branch in Ganta, NimbaCounty.The clarification comes against the backdrop of report in the March 18, 2015 back page edition of the Daily Observer newspaper captioned US$300K Theft at FIBank in Ganta – Again, and other papers.

According to the paper, “Less than four months after 10 employees of the First International Bank (FIBank) were charged with stealing US$1.2 million from the bank, four other employees have been arrested for reportedly stealing US$300,100, this time from the bank’s branch in Ganta, Nimba County”

The paper cites Police spokesman, Sam Collins, as disclosing at a recent news conference, indicating that the employees were arrested on February 7, 2015 by the Major Crimes Investigation Department.

The Management of FIBank would like to clarify that the US$300,100 at Ganta, as focused on by the papers, is not a separate amount, but is inclusive of the original US$1.2 Million stolen from the bank in 2012; a case that is currently on docket at the Criminal Court “C” at the Temple of Justice, and is not virtually a new issue as reported by the papers.

FIBank believes the media can play a positive role in our service to the community, by clarifying issues sensitive to the public.