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The Standard Group Plc is a
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influence in matters of national and international interest.
By MICHAEL MUGWANG’A
NAIROBI, KENYA: Banks are reporting increasing cases of fraud involving millions of shillings through Automated Teller Machines (ATM). And unlike bank robberies where the financial institutions bear the brunt, ATM-related crimes target individuals and their money. In most cases, the banks are not directly liable for losses incurred as a result of ATM fraud.
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