The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
Burglars accessed KCB Thika Branch on Sunday, November 19 and removed five containers of 50-real notes, with an estimated value of Sh50 million.
They disabled the bank's internal alarms and sensors and the burglary remained undiscovered until Monday, November 20.
Three months before the incident, the criminals rented a commercial property in Thika town and dug 120 meters beneath blocks of houses to a position beneath the bank.
The gang had renovated the property and put up a sign indicating it was a landscaping company selling both natural and artificial grass as well as other plants.
Neighbours described how they had seen van-loads of soil being removed daily, but understood this to be a normal activity of the business.