Business
Islamic Bank Of Dubai Charged With Sh5M Fraud In Nairobi
An Islamic Bank of Dubai employee has been charged in Nairobi Court for allegedly conspiracy to steal Sh 5 M from GTB bank.
Colin Wanyonyi Bukamo was arraigned before Chief Magistrate Lucas Onyina where he denied the charge of conspiring to steal.
It was alleged that while working at Islamic Bank of Dubai he conspired to steal Sh 5 million from Guaranty Trust Bank Kenya Limited where he was working at the time of the offense.
According to the prosecution, on June 19, 2024, he conspired to steal Sh 5,090,099 the property of the said bank.
He was released him on a Sh 500,000 bond with an alternative cash bail of Sh 300,000.
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