Stanbic Bank Kenya Chief Executive, Charles Mudiwa has tolerated fraud at the money-laundering bank.
Four staffers of Stanbic Bank have been suspended over a signature scandal that they bank doesn’t want the public to know about, we can confirm.
The scandal involved forging signatures of dead people and withdrawing money before being approved by the management , a serious worrying trend that has been happening at the bank.
Cnyakundi.com can confirm that the staffers suspended are from the Stanbic bank Kenyatta Avenue.
The scandal involved the four mid-level staffers changing signatures in colluding with one middle-level manager in a well coordinated fraud.
We have reports that more than Ksh. 100 million has already been syphoned from accounts of dead people since last year October.
We can also confirm that the suspension of the mid-level staffers is aimed at silencing those that may try to give out further information since the fraud is well know by the senior level management who have been working day and night to hide the matter from the parent bank.
Cnyakundi.com will in a few days publish the names of the suspended staffers that were nabbed after the foiled Ksh. 8 Million scam.