Wednesday, 12 June 2013
Sleeping German banker accidentally transfers €222,222,222.22
A German labor court ruled on Monday that a bank supervisor was unfairly dismissed for failing to notice that one of her employees had made a multi-million euro mistake on a transaction.
The employee had fallen asleep with his finger on his keyboard while pressing the number two, so instead of transferring €62.40 from a retiree’s bank account, he withdrew €222,222,222.22 ($295 million) instead.
Fortunately for the anonymous retiree, the transaction was spotted by another colleague and reversed. A court in Hesse, Germany, ruled that the supervisor should have been reprimanded, not fired, as her mistake was genuine and she had also checked 811 other documents that day.