House to probe ATM scams

ABS-CBN News

Posted at Aug 05 2014 07:09 PM | Updated as of Aug 06 2014 03:09 AM

MANILA, Philippines – The House committee on banks will look into the alleged scam involving unauthorized withdrawals from automated teller machines (ATM).

House committee on banks chair Sonny Collantes said a hearing will be held next week to discuss the matter.

He said that private banks, the Bangko Sentral ng Pilipinas, and other stakeholders may be summoned to shed light on the matter and give their views on how to prevent the unauthorized withdrawals.

“Titignan namin kung ito ay nangyayari, ito baga ay may mga kasabawat na konektado sa bangko at gusto rin namin marinig ang mga bangko kung ano ba ang mga ginagawa nilang pamamaraan upang sa ganoon ay upang maiwasan ang mga ganitong paggamit ng mga masasamang loob sa mga ATM na sinasamantala ang ating mga kababayan,” said Collantes.

Recently, two clients of the Bank of the Philippine Islands (BPI) reported that they lost P80,000 and P100,000, respectively, from the scam.

BPI said it has investigated the matter and that the account of one of the affected clients “has been fully rectified and the amount reimbursed upon confirmation of the incident.”

The bank said it has received reports regarding “abnormal transactions on a specific BPI ATM” and urged its clients to report any suspicious incidents. -- Report from RG Cruz, ABS-CBN News