The Court of Appeal in Nyeri has endorsed a decision by Consolidated Bank to sack one of its employees for lending her own money to a family friend and earning interest on it, in what was seen as business competition against the financial lender.
The employee, Lydia Kaguri, was dismissed on allegations of lending Sh300,000 to a family friend, who was also a customer of the bank’s Maua branch in Meru County in 2015.
