selah wrote:looking at their prices v/s their true value I think they are greatly undervalued
This post is me thinking aloud...so @Qws your sharp opinions should be tamed.
Selah, touching NBK is like committing suicide using your own shoe laces. Last week, NBK ATMs across the country were either spewing unsolicited cash or would debit your account with more cash than you had actually withdrawn.
c-p
Dec 14, 2011 (The Nation/All Africa Global Media via COMTEX) -- Something unnerving happened to National Bank of Kenya customers at the start of this month.
After braving long queues at various automated teller machines across the country, they encountered cash dispensers that were either too slow or were not functional. So they took their time and attempted to withdraw their money several times.
What they did not know was that the machines were debiting their accounts whenever they tried to make a withdrawal, even though no money was dispensed.
While a source at the bank attributed the week-long chaos to an IT misadventure, the crisis brought to the fore the vulnerability of technology in the banking sector.
National Bank said they would start an audit to refund the wrongly debited funds, but the damage had been done. Link - google any of the paras.
By inference, the man is all that Mr Phantom is not: an untrustworthy radical, divisive, too many enemies, a dictator, and a persistent liar...Gaitho dialogues.