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and his wife, Vanithra, are being sued by Diners Club for 600,000 rand (about $76,032 U.S.), the amount it claims was withdrawn from ATMs in London in 190 transactions over two days in March of 2000.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
Commission sets out first finance proposals for Copenhagen pact on climate change.
more »
The World Bank today approved a US$39.5 million loan for the Rio de Janeiro Sustainable Rural Development Project in southeastern Brazil.
more »
The World Bank Board of Executive Directors approved today an additional US$7.8 million for the Colombia Peace and Development Project.
more »
In 2008, the total number of non-cash payments, using all types of instruments, increased by 5% to 78 billion in the EU.
more »
Current economic indicators seem to show a cautious recovery in some of the biggest European economies, such as Germany and France.
more »
Launch Early Operation Phase (LEOP) has been successfully completed and the Palapa-D communications satellite is now in the nominal geostationary orbit (GEO).
more »
The Supervisory Council of AB DnB NORD Bankas on 8 September 2009 elected Šarūnas Nedzinskas as a member of the bank‘s Management Board.
more »
In the last few months farmers across Europe have taken their tractors to the streets to protest at what is being termed the biggest milk crisis for decades.
more »
Mobile telecoms companies have pledged to support the EU’s campaign to equip new cars with a device that would automatically call for help in the event of an accident.
more »
Nordic and Baltic countries aim to strengthen cooperation of business and industry stakeholders.
more »