Syria bank chief points to insider in $10m theft

Approximately US$10 million were stolen from the vault of the International Bank for Trade and Finance (IBTF) in Damascus on January 17. According to the bank's chief executive Sultan Al Zobi, the management only discovered the robbery on the following Sunday. He also added that a bank employee was believed to be involved in the raid. IBTF notified the authorities, an investigation is under way.

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