Category: Legal

Equity Bank Loses KSh 23.4 Million Recovery Battle After Moyale Cash Heist Ruling

Jeremy van Dyk
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A Kenyan High Court has ruled against Equity Bank in its attempt to recover KSh 23.4 million from Wells Fargo after a major cash heist in Moyale. The court found the bank negligent for not providing required on-site security, leaving Wells Fargo not liable for the loss.