The suspects denied 68 charges, including theft, money laundering and forgery, linked to alleged withdrawals from a customer’s account over four years.
By
Richard Munguti
Correspondent
Nation Media Group
Two former managers of DTB Bank and a third suspect were on Tuesday charged with stealing more than Sh149.3 million from a customer’s account in a scheme that allegedly ran for several years.
Court rules that both institutions failed in their separate duties to protect the client from the fraud.
Mercy Wairimu Kariuki woke up on the morning of February 8, 2022, to a stream of alerts showing that KES 4.4 million ($34,000)…
The CBK fined five banks in 2018 for failing to report suspicious transactions in connection with the theft of funds at the…
The charges arise from investigations into the alleged theft of more than Sh363.4 million from First Assurance Investment Company…
Police in Tabora Region have arrested three people accused of plotting to defraud customers withdrawing cash from major financial…
KCB blocked fraud attempts worth Sh141.1 million in 2025 and cut fraud-related write-offs sharply.
