[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
[ISN] Workers beat old security system to steal bankʼs billions
By ANDREW TEYIE
July 27, 2013
The Central Bank of Kenya has been hit by a string of thefts in the last
12 months where staff carted away cash in scenes resembling those in the
A top CBK manager who did not want to be named because he is not
authorised to speak to the Press, said the workers were taking advantage
of the outdated security arrangements and the only way to curb the thefts
was the installation of a new integrated security management system.
According to the manager, workers were getting bolder after discovering
how to beat the old security system.
In October last year, a CBK worker, Mr James Gichuki Wambugu, was charged
with stealing treasury bonds valued at Sh65.6 million. He denied the
offence and was released on bond.
The top manager pointed out a case where staff stole close to Sh60 million
defaced bank notes earmarked for destruction.
Find the best InfoSec talent without breaking your budget!
Post a Job! $99 for 31 days