Fired from Equity for Sh323 'error', ended up in court over missing Sh36m at ABC bank

Equity Bank branch on Koinange Street in Nairobi. [File, Standard]

The ‘error’ on this account was flagged by Equity Bank’s Risk and Compliance Department on May 28, 2010, during the preparation of the end month processes.

The department was counter-checking huge transactions for May, in line with the Central Bank’s (CBK’s) prudential guidelines. This one amounted to Sh116 million.