Oman- Woman who defrauded company of RO150,000 arrested


(MENAFN- Muscat Daily) An Omani woman employed with a division of one of Oman's leading corporate groups has been arrested for allegedly siphoning off more than RO150,000 from the company funds over a decade of her service. She is reported to have embezzled RO35,000 in August alone this year.The large-scale embezzlement came to light during an internal probe on why the company costs had failed to come down despite a reduction in staff numbers. The accused, working in the firm's accounts department allegedly issued monthly salary cheques in the name of former staffers with her account number on them.A senior company official said that she maintained multiple accounts in various branches of a leading bank in the sultanate.''If a cheque made in the name of a certain person would be deposited at the Barka branch one month, the next month it would be sent to say, the CBD branch. Surprisingly, all the fake cheques she issued were okayed by the company's finance department. The auditing firm also failed to detect the misappropriation,'' the official said. Officials from ROP's economic offences wing said that the role of others in the scam is also being investigated. 


Muscat Daily

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