The Irish Times says budget carrier Ryanair was hit by a scam in which about EUR4.6 million (believed to have been set aside for fuel purchases) was taken from its bank account by electronic transfer to a Chinese bank.
“The airline has been working with its banks and the relevant authorities and understands that the funds – less than EUR5 million – have now been frozen," Ryanair said.
“(The airline) expects these funds to be repaid shortly, and has taken steps to ensure that this type of transfer cannot recur."
The Irish Times says budget carrier Ryanair was hit by a scam in which about EUR4.6 million (believed to have been set aside for fuel purchases) was taken from its bank account by electronic transfer to a Chinese bank.
“The airline has been working with its banks and the relevant authorities and understands that the funds – less than EUR5 million – have now been frozen," Ryanair said.
“(The airline) expects these funds to be repaid shortly, and has taken steps to ensure that this type of transfer cannot recur."
