Commercial banks are known to be the safest place to keep and grow your money. But as 50,000 depositors of Imperial Bank have painfully found out, their money would have been much safer at home under their mattresses.
This is after a forensic audit revealed shocking details of how eight members of a family that largely deals in fish business conspired with the bank’s top managers to siphon Sh34b from the bank in one of the biggest bank thefts to strike the banking industry.