DTB Bank customers are on high alert after a jaw-dropping scandal was exposed of how the bank management impound vehicles and seize assets of innocent customers due to non-existent loans and unscrupulous arrears. The fraudulent loans that have never been given are then registered under the name of a deceased spouse.
Noor Jeizan, a widow of the late Anwar Bayusuf, was shocked when four of her vehicles and other assets were seized by the bank in a loan they claim they owe to the late Anwar.
In a startling development, the bank claims Mr.Anwar applied for the loan long after he died, as many people are still shocked at how a man who died over a decade ago has been given a loan that has not been received by anyone.
DTB has no proof of such transactions; the manager and the credit department heads who verified and gave out the loans are not known, while there is absolutely no documentation pointing to any loan extended to the late Anwar Bayusuf.
It’s puzzling how a dead person can rise from his grave to apply for a loan, be accepted, and go back to the grave with millions of shillings.
Ms. Noor Jeizan and the family are seeking justice and have vowed to continue fighting the fraudulent transactions by the bank.
A money laundering scheme Imposed to them. A serious audit need to be conducted as it is evident that there are several non-existing accounts possibly loaned or accounts of dead men possibly loaned as these loans are usually forfeited. These sums of money are usually from customers who save on fixed accounts.
DTB have had history of customers complaining of losses in their fixed accounts for example a client who lost Sh150million from two of her fixed accounts-Story here.
At some point DTB was fined Sh162million for money laundering-Story here.
KenyanHour 