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KCB - Fake Accounts?
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selah
#11 Posted : Wednesday, February 23, 2011 10:01:26 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
sometime back my mum had a loan with one of the micro finance institutions which had an account with KCB and at the same time she had a personal account with KCB.The loan she took from the microfinance was supposed to be repaid using a given KCB account.One thing I found weired is that when my mum went to deposit money into her personal account the cashier would deposit it in the micro finance account contrary to the instructions in the deposit slip.

I think the allegation BY KPCU must not be disregarded at face value let a forensic audit be done to prove otherwise.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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Cde Monomotapa
#12 Posted : Wednesday, February 23, 2011 12:17:00 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
We learned how to draft those alarmist statements in law school (an allegation is no way a proven FACT). Keep ur shirts & blouses on. KCB was recently given an award for the best disclosures in our banking sector. Wacha tungoje kesho.
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  | | Edit by user: Wednesday, February 23, 2011 12:46 PM | Reason: Not specified
VituVingiSana
#13 Posted : Wednesday, February 23, 2011 1:27:27 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
Cde Monomotapa wrote:
KCB was recently given an award for the best disclosures in our banking sector.
Link?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Cde Monomotapa
#14 Posted : Wednesday, February 23, 2011 2:33:56 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
VituVingiSana wrote:
Cde Monomotapa wrote:
KCB was recently given an award for the best disclosures in our banking sector.
Link?

google KCB Emeafinance banking award or www.kcbbankgroup.com
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Mali
#15 Posted : Thursday, February 24, 2011 7:58:01 PM
Rank: Member

Joined: 7/3/2008
Posts: 238
do I need say anymore?
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qw25041985
#16 Posted : Thursday, February 24, 2011 8:51:31 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
If the "COOKED acounts" caused today's superb results then i shld argue them to add royco,pilipili,salts e.t.c will they are still at it !!!!!!!!
Your future depends on your dreams so go to sleep !
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  | | Edit by user: Thursday, February 24, 2011 8:55 PM | Reason: Not specified
Sober
#17 Posted : Thursday, February 24, 2011 10:05:29 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
i wanna bank with KCB...
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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VituVingiSana
#18 Posted : Thursday, February 24, 2011 11:26:15 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
Sober wrote:
i wanna bank with KCB...
Investing in KCB shares & banking with them are very different!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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passiveinvestor
#19 Posted : Friday, February 25, 2011 1:22:08 AM
Rank: Member

Joined: 12/8/2006
Posts: 104
Are KCB board members saying that they do not feel they need to make a provision for the potential outcome of the lawsuit? We have seen similar (apparently frivolous) lawsuits in plenty of Western economies get settled out of court. Is it the Board's guidance to CURRENT shareholders, to whom they have a fiduciary duty, that absolutely NO PROVISION NEED BE MADE? Also, should POTENTIAL shareholders not have to be concerned about such lack of a provision for such a substantial sum claimed that remains under dispute?
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mpobiz
#20 Posted : Thursday, March 03, 2011 10:46:17 PM
Rank: Elder

Joined: 8/10/2010
Posts: 2,264
Mali wrote:
do I need say anymore?



kaa kimya kabisa!!!!Liar Liar Liar Liar Liar Liar Liar
Politics is just things to keep the people divided and foolish and put your trust in men and none of them can do nothing for you...
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