BDO has just released a statement saying that it has not added any clauses to its terms and conditions due to the recent incident it was in.
The company says that the liability clause is a regular compliance in the banking industry. The company itself made an exception and shouldered the losses not caused by the clients to maintain good customer relationship.
BDO earlier said that it acknowledged a sophisticated fraud technique that affected several of its clients.
For more information on the incident you may read our previous article right here.
Source: BDO
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