A court case has revealed how a rogue Equity Bank employee siphoned Sh386.5 million in a month through unauthorised transfers of cash to eight companies.
The illegal cash transfers to Ubahashi Traders Limited, Calabash Adventures Limited, Jahnur Investment, Kariye Investment, Flowerish International, Kariye Salah Ali, Hotho Investments, and Sasa Pay Trust took place between May and June 2024 but have been disclosed for the first time.
