KCB Kisii Branch auctioned for Defaulting Payment of sh5 million to a...

KCB Kisii Branch auctioned for Defaulting Payment of sh5 million to a Client

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Despite KCB group recording a Sh19 Billion profit after tax last year, Its branch in Kisii was auctioned for delayed payment of sh5 Million to one of the branch client.

Branch staff were left wondering what to do next after an auctioneer stormed their building and took almost everything from the banking hall.

The incident, which drew huge crowd on Thursday, happened as the branch manager and other staff members looked on.

Sources say the Bank delayed in paying a client Sh5 million, prompting the frustrated businessman to source services from auctioneers.

 

See photos;

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