Tech-savvy employees stole at least Ksh1.5bn ($17.64m) from Kenyan banks between April 2012 and April 2013. Investigators managed to recover only Ksh530m ($6.2m). FILE

The Big Story

Fraudsters steal Ksh1.5bn from banks in one year

Posted 1 day ago

In public, banking executives in Kenya exhibit optimism that white-collar crime rates will soon come down, but in private, they are a worried lot. Latest statistics on banking fraud explain why:...

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