Monday, August 2, 2010

Re: Equity Bank Tribalising Investigation into Banking Fraud


The Bank is a Kenyan enterprise offering services in Kenya,and more to that a Kenyan outfit.With its catch,more investments can mushroom and bid poverty bye,but this complaints will send the customers and workforce away!

--- On Fri, 7/30/10, Theus Owicho <owichot@gmail.com> wrote:

From: Theus Owicho <owichot@gmail.com>
Subject: Re: Equity Bank Tribalising Investigation into Banking Fraud
To: mlalahoi@googlegroups.com
Date: Friday, July 30, 2010, 4:53 AM

Kirwok

It is very widespread

Owicho

On Fri, Jul 30, 2010 at 9:15 AM, Justice Kirwok <kirwok@gmail.com> wrote:
Dears,

Great to bring out this issue. I commend Equity for bringing services that would otherwise have been inaccessible to many. Though I have personally resisted most temptations to take a loan from them,  most of my colleagues claim to have been harassed in the process of repaying their loans.

About tribalism and job security, there are two big evils the bank management should look into.

1. I have heard cases where managers, especially Non-Kikuyu are sacked for not approving loans to unqialifying but well connected individuals. "Unafikiria hii bank ni yako" is a very popular dismissal phrase

2. I have heard cases where loan guarantors are haunted and their accounts depleted by the bank to Speedily repay loans owed to the guaranteed individuals even though the bank hasn't exhausted all the channels to get the concerned repay. I have confirmed many cases where individuals have successfully sued the bank on the same complains.

3.And this money laundering rumour?


Regards,

J. Kirwok

On Thu, Jul 29, 2010 at 5:50 AM, Juma Hayombe <jhayombe@gmail.com> wrote:

Though a thief is a thief and we can't defend them especially in these esteemed forum , Equity waache ukabila.



On Thu, Jul 29, 2010 at 11:41 AM, Jonah Ogaro <jonahogaro@hotmail.com> wrote:
I know a few people who work at Equity and have said that there is tribalism there.
 

Date: Thu, 29 Jul 2010 10:02:24 +0300
Subject: Re: Equity Bank Tribalising Investigation into Banking Fraud
From: wacerake@gmail.com
To: mlalahoi@googlegroups.com


Owicho, you need to get your facts right before you write such an article. i personally know of many cases against Kikuyus still running in court. If you still insist on this, provide proof!!

On Thu, Jul 29, 2010 at 9:44 AM, Theus <owichot@gmail.com> wrote:
Guys

Of late you have heard many employees of Equity arraigned in court on
charges of theft. Equity has been paying its staff very poorly and so
many staff especially those in the accounting department have been
involved in theft. I met one former staff member who was accused with
theft. Him together with 9 others were accused of stealing Ksh 24
Million. They were 3 Luos, 2 Luhyas, 1 Kalenjine and the others were
Kikuyus. The funny thing is that all cases involving the Kikuyus were
dropped and the one people remaining in the case are non Kikuyus. The
person heading the anti fraud unit is Kamau who was removed from CID
after the botched raid on Standard and KTN offices.

Something is seriously wrong at Equity Bank. First it was economic
cleansing and now even investigating we have ethnic cleansing in it.
This is dangerous and Mzalendo Kibunja must take this seriously.

Owicho

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