Malaysia Airlines MH370: Two arrested as £20,000 siphoned from passengers' bank accounts

An HSBC employee has been suspended after cash withdrawals were made in July, four months after the plane and its passengers went missing

Natasha Culzac
Friday 15 August 2014 16:17
£20,000 has been stolen from the bank accounts of four passengers from missing flight MH370, Malaysian police say
£20,000 has been stolen from the bank accounts of four passengers from missing flight MH370, Malaysian police say

A bank officer and her husband have been arrested after thousands of pounds were allegedly withdrawn from the accounts of four passengers who had been travelling on the still-missing flight MH370.

The Malaysia Airlines aircraft, which disappeared on 8 March as it travelled from Kuala Lumpur to Beijing, had reportedly been targeted with £20,059 (111,000 Malaysian Ringgit) siphoned from accounts.

The cash was withdrawn in July from bank accounts with HSBC, and following an internal inquiry a police complaint was logged on 2 August.

HSBC has confirmed to The Independent that an employee of the bank has been suspended pending police investigations and that there will be no financial loss to the accounts affected.

A spokesperson said: "HSBC discovered and reported to the police a potential fraud on the accounts of four passengers of MH370 by an employee of the bank."

It said it is "deeply sorry for this incident and apologises to the families of our customers for the distress this will cause, and assures them there will be no losses on these accounts.

"The employee has been suspended from duties and the incident is now under the investigation by the Police.

"HSBC takes the security of customer accounts very seriously and has taken the necessary action to ensure such an incident does not happen again."

Izany Abdul Ghani, City Commercial Crime Investigation Department Chief Ass Comm, confirmed that the woman had worked for the bank for 10 years and was arrested at her home in Ampang, in the Kuala Lumpur suburbs, at 4pm local time yesterday.

According to Malaysian newspaper The Star, he said: "Her husband, 33, was picked up by police at a workshop in Ampang where he had taken his car for repair. Police believe he is also involved in the siphoning of the money.

"Police are yet to get the recording from a closed-circuit camera in the bank. It will take a little time."

The couple are understood to have no previous criminal record and will be remanded until Sunday.

Officials are also looking for a Pakistani man, believed to have been involved somehow as he allegedly received some of the fraudulent money, but his relationship to the couple is still unknown.

“We are investigating the case as unauthorised access with intent to commit an offence,” Mr Abdul had told reporters earlier this week.

Mr Abdul also explained how the money was accessed, disclosing that funds from the bank accounts of three passengers had been transferred into a fourth.

An internet transfer of £6,640 was then made in the beginning of July into a separate account “believed to be that of one of the suspects”, he said.

From 18 July, “ATM withdrawals of RM5,000 (£948) [were then taken out] daily until the account was empty.

“We are now trying to trace the identity of the suspect who opened that account,” he added.

Under Malaysia’s Computer Crimes Act 1997, the offence can carry a prison term of 10 years or a fine of £28,500 (150,000 Malaysian Ringgit).

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