doing business in myanmar – what you need to know as a singaporean
Two Nigerian citizens hacked the KBZ Bank account of an economic adviser of a businessman and withdrew money on July 17, police confirmed on July 22.
The police however did not release details. According to initial reports, the adviser opened a case under section 66 (c) of the Telecommunications Law on July 19, one of the two hackers was arrested in Kamayut Township, Yangon, on July 21.
“It is true that money was withdrawn after the bank account had been hacked” the head of Mingalar Taungnyunt Township Police Force told the Daily Eleven.
When contacted, an official from the township police station also confirmed the case but did not divulge details, claiming that the case is still under investigation.
When contacted by phone, an official from Kamayut Township Police Station said that the main hacker was still at large and that only a Nigerian woman related to the case had been arrested. He did not say about details.
“The foreign hacker is still at large. But a woman has been arrested. I have no authority to say about details,” said the official.
The Daily Eleven contacted KBZ Bank to reach Deputy CEO Aung Kya Myo to ask him any plan to deal with the case. But, an official said he was on leave and would be back on July 23.
Source: Eleven Myanmar
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