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Equity Bank Sacks 200 Over Ksh1.5 Billion M-Pesa Payroll Fraud in Sweeping Internal Purge

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Equity Bank has fired over 200 employees in one of Kenya’s largest internal fraud purges, after uncovering a massive Ksh1.5 billion payroll scam involving M-Pesa and fake salary accounts. The rot ran deep—spanning from junior staff to senior managers—following revelations that rogue insiders had.......

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