Kenya financial fraud · LEAD
Equity Heist Exposed in Sh83 Million Loan Battle with Fired Auditor
In a dramatic legal twist, Equity Bank Kenya Limited has been barred from hiking interest rates on loans issued to its former head of internal audit, Bildad Khaemba Fwamba. The former auditor, who was sacked in October 2024 over a reported Sh1.5 billion fraud at the bank’s salary processing unit, is now fighting back. The […]