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Absa on the Spot as Senate Investigates Pension Fraud Targeting Kenyan Retirees

Parliament has launched investigations into a fast-growing fraud scheme that appears to be targeting retirees moments after they receive their lump-sum pension payments from the government. According to the Senate, the syndicate somehow gains access to pensioners’ confidential banking information, allowing criminals to monitor account activity and drain the funds under mysterious circumstances. Migori Senator Eddy Oketch raised the alarm in the House, warning that criminals seem to be obtaining highly sensitive personal banking details. He said this access enables them to track government disbursements and strike almost immediately after pension payments hit retirees’ accounts. Oketch highlighted a recent case The post Absa on the Spot as Senate Investigates Pension Fraud Targeting Kenyan Retirees appeared first on Nairobi Wire.


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