Diner's Club alleges businessman part of ATM scam
Published:
2 April 2003 y., Wednesday
International academics are outraged about a court order preventing the media or any witnesses from publicly exposing the computerized security systems of Diners Club International, according to a report in South Africa's The Mercury.
But Diners Club attorneys argue that it would not be right for the public to learn the inner workings of the security systems.
The court reasserted its right to bar certain evidence this week when the public was prevented from hearing the testimony of Diners Club's expert witnesses.
Diner's Club is suing Durban businessman Anil Singh for allegedly colluding with a crime syndicate that attempted to defraud Diners Club South Africa of millions of rands in an elaborate ATM scam, according to the Mercury.
Singh and his wife, Vanithra, are being sued by Diners Club for 600,000 rand (about $76,032 U.S.), the amount it claims was withdrawn from ATMs in London in 190 transactions over two days in March of 2000.
Some evidence was heard in the marathon civil trial in London earlier this month. The case continued in the Durban High Court this week.
The media were barred from hearing the testimony of certain witnesses after the court ruled that security would be breached if information about bank systems was disclosed.
Šaltinis:
atmmarketplace.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
New rules for the EU's single market will make it easier to live and do business anywhere in Europe.
more »
MEPs were disappointed that the Commission's EU budget review document had not sought the radical revision that the EU needs, they told Budgets Commissioner Janusz Lewandowski in a Policy Challenges Committee debate on Thursday.
more »
On 25 October, the Commission adopted the decision to financially support the 2011 electoral process in the Central African Republic.
more »
New EU framework for crisis management in the financial sector for managing problems before they spiral out of control.
more »
The financial crisis laid bare the limits of self-regulation, demonstrating the need for strong EU economic governance, surveillance and policy co-ordination, say two non-legislative resolutions voted by Parliament on Wednesday.
more »
The European Commission has approved an application from Germany for assistance from the European Globalisation adjustment Fund (EGF).
more »
Global and EU- level taxes on financial sector would help to fund international challenges such as development or climate change and fix the fallout from the global economic crisis.
more »
The European Investment Bank and African Development Bank today agreed to provide EUR 45m to design, build and operate onshore wind farms on four islands in the Cape Verde archipelago.
more »
MEPs want future EU budgets to accommodate new policy priorities as well as negotiations on new sources of financing.
more »
The European Parliament's Budgets Committee on Monday backed EU funding for 3,731 workers in Portugal, the Netherlands, Spain and Denmark who were made redundant due to the closure of their companies.
more »