Bank Manager Jailed for 12 Years Over Missing Ksh22 Million

  • Officers outside a bank in Kisumu during the Tuesday, November 23, 2021 heist
    Officers outside a bank in Kisumu during the Tuesday, November 23, 2021 heist
    Daily Nation
  • A former operations manager at a local bank was sentenced to 12 years in prison over missing Ksh22.7 million.

    A court sitting in Kakuma, Turkana county, slapped the former bank manager with a12-year jail term with an alternative to paying Ksh8.2 million over the crime.

    According to a report by the Office of The Director Of Public Prosecutions - ODPP, the bank manager was accused of stealing, fraudulent accounting, and false accounting by the servant which resulted in the loss of Ksh22.7 million in 2020.

    A man in handcuffs behind bars
    An image representation of a man in handcuffs behind bars
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    nation

    "He was convicted and sentenced on all three counts as follows; fined Ksh8 million in default six years imprisonment, Ksh100,000 in default two years imprisonment, and Ksh100,000 in default two years imprisonment," the ODPP stated.

    The bank manager was convicted and sentenced on all three counts. In count one he was fined Ksh 8 million in default and 6 years imprisonment. 

    In the second count, he was directed to pay Ksh100 in default 2 years imprisonment and in count three he was directed to pay Ksh100 in default 2 years imprisonment.

    The Kakuma Law Court ruled that the former bank manager will serve his sentence concurrently.

    Detectives have been keen to contain cases of bank heists that have hit the country in the last decade. In most of these cases, the probe revealed that most were inside jobs.

    When Ksh2.3 million was stolen from a bank in Nakuru in January 2022, a police report showed that the investigators suspected the robbery was an inside job. 

    The report indicated that an employee on duty opened the main door for the thieves. Detectives suspected the gang conspired with bank employees to pull off the heist.

    According to the bank's branch manager, Suraj Rawal, the robbers left behind a Ksh1,000 balance after the heist and got away with Ksh2.3 million.

    The manager informed police that the robbers, who approached the bank at around 4.30pm, were armed with guns, hammers, knives and a machete. 

    The police report indicated that the robbers posed as clients and made their way into the banking hall before drawing their weapons. 

    An image of Westside mall located in Nakuru county.
    An image of Westside mall located in Nakuru county.
    courtesy
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