The Chinese, not such a great bunch of lads.
Approximately €4.5 million was removed from one of Ryanair’s bank accounts as a result of an international banking scam involving a Chinese bank, according to reports this morning.
According to the Irish Independent, the people responsible for the scam managed to initiate a single fraudulent transaction using a Chinese bank when stealing a substantial amount of money from the airline.
Investigations are already underway to determine how the theft came about and efforts are being made to ensure the funds are restored as soon as possible.
Ryanair confirmed to the Irish Independent that a “fraudulent electronic transfer via a Chinese bank last week” had been investigated and that moves to recover the money were well underway.
“The airline has been working with its banks and the relevant authorities and understands that the funds (less than €4.5m) have now been frozen,” read quotes attributed to the airline in the Irish Independent.
“The airline expects these funds to be repaid shortly, and has taken steps to ensure that this type of transfer cannot recur.
“As this matter is subject to legal proceedings, no further comment will be made.”
LISTEN: You Must Be Jokin’ podcast – listen to the latest episode now!
