An Ecobank branch operations manager has been detained for four days for police to conclude investigations into the loss of Sh55 million in the said Bank.
Kevin George Kathurima was arraigned in court alongside Norman Njuguna Karungo, a teller at the Bank and Eucabeth Nyambeki Booko.
The three were detained at Kileleshwa Police station.
According to the Banking Fraud Investigation Unit, the three are being held for offence of forgery and theft by servant which was committed at Ecobank Gikomba Branch, where the first two suspects worked.
The court heard that on March 27, the Branch’s operations Manager, Kathurima reported that sh 23.4 million, 1365 US Dollars , 1190 Pounds and 1800 Euros were missing from the safe of the bank without the branch being broken into.
In an affidavit, BFIU investigating Officer Joel Kiplagat stated that Kathurima was also in charge of the vault and had the mandate to initiate and authorize transactions of all payments domiciled in the branch for accounts at the said branch.
The case will be mention on Friday, March 31.
