Ombudsman must publish errant banks’ names

"A high-value cheque drawn on bank (1) was lodged in the drop box of bank (2) for credit to the complainant's account maintained at bank(2). The payee's name in the cheque was changed under authentication purported to be that of the drawer, which was collected by bank (3) on behalf of the charged payee from bank (1)" Does all that confuse you? If you are wondering what this is all about, let me explain. This is... [read full story]