Exclusive: Owners of Companies Affected by Embezzlement at Wahda Bank Complain About Continued Account Freezes Without Bank Response
A number of business owners affected by the previous embezzlement incident at Wahda Bank have spoken to our source, complaining about the continued freezing of their accounts with no response from the bank.
The company owners stated: “We sold goods, and the payments were deposited into our accounts through official and legitimate procedures at Wahda Bank’s Businessmen Branch. However, the funds were then frozen in our bank accounts.”
According to the business owners, they had no involvement in the embezzlement case but were implicated nonetheless. They have yet to receive any responses or updates from the bank regarding their situation.