Equity sacks workers over suspect accounts, M-Pesa

Equity Group CEO James Mwangi. The employees fired in the wake of the audit were from both the bank’s head office and branches, numbering about 195 and spread across the country.

Photo credit: File | Nation Media Group

Equity Bank Kenya has fired scores of workers after an internal investigation revealed suspicious transactions through the employees’ bank and M-Pesa accounts.

The sackings began last week following investigations that kicked off on April 14, as the bank seeks to curb cases of conflict of interest among its staff.

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