This was revealed as it emerged that Co-operative Bank of Kenya has lost Sh115 million to gamblers. The bank said the money did not belong to him and went ahead to freeze the account, causing Mr Kimani to sue. The Sh115 million the bank lost is said to have been siphoned by seven customers in 2011. The bank later learnt the seven customers opened accounts at one branch after they were introduced by one of the bank's employees. Both the bank and its customer lost, as the judge dismissed the case.
Source: Standard Digital March 21, 2017 17:15 UTC