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Originally published by Capital Business
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business
August 26, 2026
1h ago

KCB reports Foxcapital to DCI over alleged forged documents in Sh126bn suit

KCB reports Foxcapital to DCI over alleged forged documents in Sh126bn suit

In a complaint to the DCI’s Banking Fraud Investigations Unit, KCB accused Foxcapital of filing documents and making statements under oath in High Court Commercial Suit No. E533 of 2026 that the bank says are forged or were not authorised by KCB...

✨ Key Highlights

KCB Bank Kenya has reported Foxcapital Investment Limited to the Directorate of Criminal Investigations (DCI) over alleged use of falsified documents in a commercial dispute involving approximately Sh126 billion.

  • The dispute centers on an alleged transfer of €978.68 million (approximately Sh126 billion).
  • KCB accuses Foxcapital of submitting forged SWIFT messages and internal bank records in High Court Commercial Suit No. E533 of 2026.
  • Key questioned documents include purported SWIFT messages and internal KCB reports allegedly issued by an Head of Compliance & Ethics and an AML Compliance Manager.

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