At least P46 million worth in bank deposits were “accidentally withdrawn” during the breakdown in the system of the Bank of the Philippine Islands (BPI) from June 6 to 8, an official has disclosed.
BPI President Cezar Consing revealed this in the investigation at the House of Representatives to determine why the bank’s Automated Teller Machines (ATMs), online and mobile banking all went offline and an average of P7,000 worth of deposits were deducted from each BPI client’s bank account.
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