Equity Bank manager charged with stealing Sh 200k from bank

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An Equity Bank manager has been charged with stealing over Sh 200, 000 from the bank.

Michael Obanda Etabale is accused that on diverse dates between 21st September 2020 and 2 June 2021 at Equity Bank Limited Kilimani branch in Nairobi county, being the Relationship manager  jointly with others not before court, stole Sh 220,733, the property of Equity Bank which came to his position by virtue of his employment.

Etabale denied the charges before Senior Principal Magistrate Kennedy Cheruiyot and was granted a bond of Sh 250,000 with alternative cash bail of Sh 50,000.