Indian national embezzles $5 million from major Sudanese company: report

December 29, 2013 (KHARTOUM) – A semi-government corporation fell victim to a complex fraud scheme by an Indian-American employee through which $5 million were embezzled, a newspaper reported.

Al-Intibaha newspaper said that the employee, who was recently hired by the IT department in the unnamed company, hacked the email account of a board member and the firm’s bank accounts by which he managed to transfer the money to external accounts that are hard to trace.

The employee has reportedly got hold of information related to a procurement arrangement for high-value spare parts which he later managed to divert and sell while in transit.

One of his coworkers grew suspicious when he kept asking for a specific software coupled with a simultaneous and a recurring crash in servers.

But by the time the scheme was uncovered, the employee has already fled using his US passport as his Indian passport was held by the corporation. His car was also found in the parking lot of Khartoum airport.

Kenana sugar company published statements in local newspapers denying that it was the company in question.

(ST)