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10th February 2012

Bandar Seri Begawan, 10th February 2011 – Baiduri Bank today held an appreciation ceremony in recognition of the exemplary work carried out by two of its security personnel in assisting the Police to apprehend two credit card fraudsters. The appreciation event took place at the bank's headquarters in Kiarong.

Mr. Pierre Imhof, CEO of Baiduri Bank personally congratulated the two, Pengiran Hj Shadan bin Pg Hj Yakub, Head of Baiduri Bank's Security Control Department and Muhammad Sofwan Sofian bin Abdullah, a security control personnel on their achievement which had earned them commendations from the Police. Their quick thinking and swift action led to the arrest and successful prosecution of two suspects.

The fraud incident took place in February 2011.  The suspects had been using cloned foreign credit cards to pay for purchases and services at a number of establishments within Bandar Seri Begawan. As these merchants had received training on identifying counterfeit cards under Baiduri's merchant training workshops, the owner of one the establishments became suspicious with the credit cards presented by the two suspects and immediately notified Baiduri Bank's Card Centre. Baiduri's security personnel led by Pengiran Shadan immediately alerted the Police and together went over to the establishment where they detained the suspects.  Both suspects were later charged, found guilty and sentenced to 7 and 8 years imprisonment each for their crime.

Earlier last month, certificates of commendation were presented to both Pengiran Haji Shadan and Muhammad Sofwan by Yang Dimuliakan Pehin Orang Kaya Pendikar Alam Haji Hasrin Bin Dato Paduka Haji Sabtu, the Commissioner of Police at the Royal Brunei Police Force's 91st Anniversary held at the Police Training Centre, Gadong for their assistance in this case.

Beaming with pride, Pg Shadan said, "I am deeply honored and thankful to Royal Brunei Police Force for this award. As citizens of Brunei Darussalam, it is our duty to assist the Police to combat any wrong doings in order for us to live in peace and harmony."

Mr Imhof, added, "Baiduri Bank has always been supportive of the Royal Brunei Police Force in their endeavors to fight crime.  Whenever necessary, we have always cooperated fully in criminal investigations by providing information or video footages of incidents happening within our jurisdiction or premises, and will continue to do so, as we believe in working together for the safety of our community.  Baiduri Bank has invested heavily over the years to protect cardholders and merchants with EMV technologies and regular education to combat fraud in the country."

Also in attendance at the staff appreciation event today were Mr. Ti Eng Hui, Deputy General Manager, Retail Banking and Branch Network; Mr. Andrew Young, Deputy General Manager, Operations Management Division and other senior executives of the Baiduri Bank Group.

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