| Published Sat, January 20th 2018 at 00:00, Updated January 19th 2018 at 21:50 GMT +3National Bank of Kenya (NBK) has lost Sh29 million to fraud. (Photo: Courtesy)National Bank of Kenya (NBK) has lost Sh29 million to fraud, becoming the latest lender to bleed money in less than two months. In a statement that did not go down well with customers on social media, NBK said there was “an attempted fraud in the course of the business” which was stopped by the bank’s monitoring and security team. “Customer accounts have not been affected and the latest social media speculation on the potential loss is incorrect,” said the bank. The NBK loss comes barely two months after Kenya Commercial Bank lost Sh50 billion when burglars dug a tunnel into its Thika branch and accessed the vault.

Source: Standard Digital January 19, 2018 18:33 UTC