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Top Managers Of Co-operative Bank Risk Being Jailed



Top managers of Co-operative Bank risk being jailed for disobedience of court orders directing the lender to allow the administrator of the estate of a woman who died two years ago to operate the account.

George Ndegwa who is the appointed administrator of the estate of Jennifer Muthoni Ndegwa, says the bank has refused to allow him withdraw or deposit funds to the account belonging to the late Muthoni, as directed by the court.

Ndegwa says he obtained letters to administer the estate of Muthoni with the aim of collecting and preserving her assets.

He now wants Jeremiah Nyalala (A. S. O) and Service Manager Elizabeth Karinga based at Stima Plaza branch, jailed for contempt of court after refusing to comply with the order issued on December 30.

Through lawyer Mwangi Mburu, Ndegwa accuses the two bank officials for deliberately disobeying court orders issued on December 30 last year being served with the letters of Administration of Ad ColliGenda Bona and notified to comply.

“The disobedience of Grant has greatly and continues to prejudice the estate of the deceased to the extent that the estate’s property has been seized pursuant to a distress of rent and maybe imminently auctioned and school fee remains unpaid”, says administrator.

He wants the court to summon the duo within seven days and show cause why they should not be imprisoned for six months or pay a fine of Sh200, 000 each for willful disobedience of court orders.

Karinga who is the bank service manager is accused of undermining the court order upon reading by saying she won’t obey nor comply with the terms of the grant and the said court order.

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“In the morning of December 3,2021, I visited Co-operative Bank Stima Plaza branch and presented the copy of the grant to Elizabeth Karinga (service manager) and upon reading the grant, she immediately made remarks on my copy and further told me she cannot comply with terms of the Grant,” Ndwega told the court.

The estate has and continues to huge financial losses as a result of the Co-operative Bank officials actions.

He urged the court to punish the two officials to prevent further abuse of court process by citing them for contempt.

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