More than half of the Philippines' provinces are in drought as El Nino exacerbates hot and dry conditions typical for March, April and May
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A gang of 38 men who attempted to steal Dh635 million from an Abu Dhabi bank through electronic transfer has been arrested.
The Abu Dhabi Financial Prosecution in collaboration with Abu Dhabi Police's Criminal Investigation Department said they managed to thwart the plot to unlawfully transfer the funds from the bank account using sophisticated technology.
The authorities said they have also managed to recover Dh625 million out of the total cash from the victims' bank accounts within 24 hours after getting the information.
They also detained 38 people of Asian and European nationalities that were involved in the scam before they left the country.
Investigations have revealed that a bank employee accessed the bank's electronic system using the password of another employee and transferred cash totaling to Dh635 million to the accounts of five companies in five different banks.
The fund transfer was carried out by implementing the transfer orders during the morning as soon as the bank's electronic system was opened.
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