Fourteen (14) Criminal Breach of Trust cases against the person-in-charge of a security company indicated very clearly that when banks and finance companies entrusted ATM cash transactions to third parties such CBT cases in a way is inevitably as it is difficult to scrutinize the intake of security personnel of the security companies for the job.
Short of man power owing to long-hour duty and unattractive pay have worsened the situation. Now the question is how to avoid such incidence from happening and are customers interest protected from such cases?
If you look at the date of these 14 cases you will notice it happened in 2009 and some friends asked why only now realized the “BIG” problems. Why banks have no knowledge of the shortage until now? That means the system itself is faulty?