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THE ROT AT SPIRE BANK: MERALLI DEBUNKED FROM HIS OWN BANK, ARE THE OTHER CLIENTS SAFE?

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Spire bank is majorly owned by Mwalimu National Sacco (75%) and Sameer Group (25 %.) The former Equitorial Bank, owned by Naushad Meralli was purchased by Mwalimu Sacco in a scheme meant to defraud teachers through Ex-CEO Robert Shibutse who has been a Meralli staff and mole. The shell Bank was purchased at kes 2.4Bill

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Spire bank is majorly owned by Mwalimu National Sacco (75%) and Sameer Group (25 %.) The former Equitorial Bank, owned by Naushad Meralli was purchased by Mwalimu Sacco in a scheme meant to defraud teachers through Ex-CEO Robert Shibutse who has been a Meralli staff and mole. The shell Bank was purchased at kes 2.4Bill

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