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Inside Job? How Family Bank Lost Ksh20 Million In Ruiru Bank Heist

Family Bank Ruiru branch has lost Ksh20 million and 560 USD after it was broken into by thugs last night in what is suspected to be an insider job.

According to Ruiru Ocpd James Ng’etich, the banks security manager John Muchiri said that on reporting to work, he found the banks alarm tampered with and fire alarm vandalized.

“After opening the bank, Muchiri discovered that the alarm system had been tampered with and on further checking, he discovered that the fire alarm system had been vandalized and concluded that all was not well in the bank,” read a police signal as quoted by a local daily.

The daring burglars are believed to have made their way inside the bank during the night of Saturday or Sunday night, raising eyebrows on how the security breach could have gone unnoticed, for a whole weekend.

Read: Kenya Power Board Seeks To Replace Arrested Officers

They are reported to have destroyed the banks kitchen roof, route they used to access other sections of the bank.

“They managed to access the strong room to the safe by cutting the door using welding gas cylinder power and further accessed branch ATM machine using claw bars and the welding gas power,” the signal further read.

Ruiru police bosses including the Ocpd, Dcio and officer in charge of crime visited the scene on Monday.

A gas cylinder and four claw bars have since been recovered from the scene and will be used as exhibits.

Three Family Bank Ruiru branch managers and a watchman have been arrested so far in relation to the heist.

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Francis Muli

Written by Francis Muli

Senior reporter at Kahawa Tungu, Muli has a passion for human interest stories. He believes in unearthing societal rots that have been hidden from the public eye. He has also carved himself a niche in writing business stories. He has worked for various organisations including Kenya Television Service, Business Today among others. Follow him on Twitter @FmuliKE.

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