WhatsApp, secret tape link in Sh1bn NBK theft

Ex-MD Munir Sheikh Ahmed. FILE PHOTO | NMG

A secretly recorded audio tape and WhatsApp text messages helped the capital markets regulator to gather evidence on corruption accusations against former National Bank of Kenya (NBK) officials.

The audio tape, recorded by an employee of a deposit mobilisation agency contracted by NBK, revealed how senior managers siphoned nearly Sh1 billion from the bank’s coffers and pocketed up to 90 percent of the loot in kickbacks.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.