Public warned of rising fraud - Oman Daily Observer

2
OMAN
WEDNESDAY, APRIL 10, 2013
Shabab Oman sets sail to Europe
The naval security drill concluded yesterday. The latest system and joint concepts of leadership were
used in this drill, in addition to use of information and communications technologies,
training simulation, media operations, information warfare and medical support plans. — ONA
From page 1
The Chief of Staff of the
Sultan's Armed Forces (SAF),
the Commander of the RNO,
senior oficers and oficials.
The chief guest and attendees
were briefed about the
route of the ship, the ports it
is visiting and the international
maritime festivals in which
it will participate.
Shabab Oman’s tour will
be in continuation of the Sultanate’s
cultural approach of
communication, respect and
friendship among countries
and ports.
Sayyid Badr said that
Shabab Oman has carried out
national roles since it began
international voyages decades
ago and contributed to
extending bridges of respect,
friendship and peace among
peoples of the world and
strengthened global ties with
the Sultanate.
Rear Admiral Abdullah bin
Khamis al Raisi, RNO Commander,
pointed out that the
current tour is the 12th international
voyage of Shabab
Oman, which continues to add
maritime glories to Oman in
the prosperous reign of His
Majesty Sultan Qaboos.
Shabab Oman joined RNO
leet in 1979 as a sail training
vessel and, since then, she
covered thousands of nautical
miles while visiting countries
around the world. — ONA
Public warned of rising fraud
From page 1
Another example of fraudulent
is the offer of advance-loans being
made available against surety of bank
securities and/or ixed deposits.
Also, offers to deposit substantial
(cash) transfer from ictitious accounts
located abroad, either to the
credit of the potential victims’ bank
accounts or to the credit of companies
in local banks, with added promises
that the respective account holders
would, thereby, earn substantial
sums by way of commissions.
The CBO pointed out that some of
the fraudsters try to deal with local
banks indirectly through unauthorised
persons who give the impression
that they conduct normal banking
transactions, which, incidentally, also
Inlation at 2.3pc
MUSCAT — Recent data released by the National Centre
for Statistics and Information NCSI showed that the inlation
rate in the Sultanate recorded 2.3 per cent in February
2013, compared to February 2012, while it fell by 0.2 per
cent compared to January 2013.
The inlation rate in the Sultanate dropped from 2.7 per
cent in January 2013 to 2.3 per cent in February 2013. The
report indicated that, with regard to the level of change in
the consumer price indices in the Sultanate for February
2013, the data show that the general index declined by 0.2
per cent, compared with January of the same year.
This was attributed to decline in prices of personal
goods and other services group by 1.8 per cent, and food,
beverages and tobacco group by 0.1 per cent. While the
prices of garments, textiles and footwear group slightly
increased by 0.2 per cent, groups of furniture, appliances,
transport and communications services by 0.1 per cent
each, prices of house leasing, electricity, water and fuel
group, culture and entertainment services group and medical
and educational services group remained unchanged
during February 2013 compared to the previous month.
— ONA
include the issues of fraudulent securities
and offers of ictitious investments
abroad.
The apex bank also cautioned
against dealings with unauthorised
Money Remitters (both individuals
and establishments) that affect money
transferring overseas through the
means of Telegraphic Transfers, Presigned
and post-dated cheques, Cash
Invoices, etc.
The CBO added that some institutions/individuals
under different
names, such as "portfolios" and so
on, have surfaced lately to carry out
the business of collecting funds from
Omani citizens and residents for the
purpose of investment in different
inancial instruments, such as stocks
and bonds, as well as speculation in
foreign currencies and similar inancial
activities against predetermined
interest rates paid monthly or according
to the agreement.
The CBO inds it timely to reiterate
its advice to members of the public to
be more cautious and avoid dealing
with strangers and unauthorised entities/
persons. The customers should
limit all their inancial dealings to
licensed/ regulated institutions. In
case of any doubt, they should seek
the advices of their banks and professionals
in all aspects including the
accredition, legality and reliability of
the persons/ institutions offering the
products and services. They should
report any unauthorised and suspicious
approaches immediately to the
Royal Oman Police. — ONA
Employment policies
of pvt sector assessed
MUSCAT — The Youths
and Human Resources
Committee at Majlis
Ash'shura yesterday hosted
Hamad bin Khamis al
A'mri, Under-Secretary of
the Ministry of Manpower
for Labour Affairs, to discuss
employment policies
and programmes in the
private sector.
Al A'mri gave a presentation
on the employment
plans and programmes of
the Ministry of Manpower
in the private sector, which
include four themes: jobs
bank, training programmes
and rehabilitation of the
national workforce, role of
the Ministry in rehabilitation
and development control,
and the main dificulties
facing the Omanisation
programmes.
The members of the
committee raised queries
about assessment of employment
programmes and
policies of Omanisation in
the private sector and the
main dificulties and obstacles
regarding job seekers'
refusal of opportunities
offered by the private sector's
irms, and nature and
activity of companies that
job-seekers prefer. — ONA