Authorities Hunt Suspected Extortion Ring Accused of Holding Co-op Bank Shareholder Payout Hostage** **Police Probe Alleged Extortion Plot Targeting Sh14 Billion Co-op Bank Shareholder Payout** **Suspected Court-Case Extortion Ring Accused of Trying to Block Co-op Bank Shareholders
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Authorities are pursuing a suspected extortion ring accused of attempting to derail the payment of about Sh14 billion to Co-operative Bank shareholders through what investigators and insiders describe as a series of questionable court cases filed in the name of Sacco officials and shareholders. At the centre of the alleged scheme is a former senator from Nyamira, who is accused of moving in shortly after Co-op Bank notified shareholders of its proposed restructuring plan and the introduction
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Authorities are pursuing a suspected extortion ring accused of attempting to derail the payment of about Sh14 billion to Co-operative Bank shareholders through what investigators and insiders describe as a series of questionable court cases filed in the name of Sacco officials and shareholders. At the centre of the alleged scheme is a former senator from Nyamira, who is accused of moving in shortly after Co-op Bank notified shareholders of its proposed restructuring plan and the introduction
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