A woman in Nakuru County has vowed to kill herself after her lifetime savings were locked up in the now financially crippled Chase Bank.
An agitated Rosemary Wanja disclosed that she had saved over Sh3 Million with the Nakuru Chase Bank Limited branch, money she now believes is on the brink of disappearance.
Ms Wanja expressed that: "I'm bitter because the proceeds of my life of hustling are locked in there and I just can’t sit back and watch the money disappear”.
The Nakuru resident noted that she caught wind of the looming crisis at Chase Bank through social media, but when she tried to salvage her money held in a fixed deposit account, she was denied.
“As soon as I learnt about the troubles facing the bank three weeks ago on social media, I sought to get my money back but I was told that terms and conditions applied,” said Ms Wanja.
Ms Wanja is among hundreds of customers who were Thursday left stranded when the country woke up to the shocking news that the Central Bank had placed Chase Bank under receivership.
Also caught up in the Chase Bank quagmire, is Mr Benedict Maneno from Mombasa who had planned to get married later in the month, but all the wedding money lies in the cash strapped bank.
“I have about Sh200,000 in the bank but I am now stranded because I cannot access my account. I cannot express how I feel; I don’t know what I will tell my committee members,” he said.
Read Also: EXPLAINED: What it Means When Bank is 'Under Receivership'
CBK resolved to put Chase Bank under receivership for 12 months over what was termed as unsound and unsafe financial conditions.
In a statement, CBK outlined that it had appointed the Kenya Deposit Insurance Corporation (KDCI) to assume the management, control and conduct of affairs and business at the financial institution.
