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Absa Bank Kenya

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2026

    Absa Kenya credit manager denies bribe and data leak in US$11.5m data breach suit

    Issue disclosure

    In an ongoing data breach suit at the High Court in Mombasa, transport firm New Mega Africa Ltd is seeking Sh1.5 billion (about US$11.5 million) from Absa Bank Kenya over its alleged mishandling of a 2021 loan restructuring and leaking of the firm's confidential financial position to third parties. Absa corporate credit manager Wycliff Makori testified, as reported on Friday 9 October 2026. Makori admitted personal M-Pesa payments from New Mega Africa director David Abai but denied any bribe and denied sharing the firm's statements; he said an internal Absa investigation found no wrongdoing. Absa denies all allegations, including data leakage, sabotage and bribery, and has asked the court to dismiss the suit. No judgment date has been set.

    In the ongoing data breach suit at the High Court in Mombasa, in which transport firm New Mega Africa Ltd is seeking Sh1.5 billion (about US$11.5 million) from Absa Bank Kenya over its alleged mishandling of a 2021 loan restructuring and leaking of the firm's confidential financial position to third parties, Absa corporate credit manager Wycliff Makori testified as reported on Friday 9 October 2026. Makori admitted personal M-Pesa payments from New Mega Africa director David Abai but denied any bribe and denied sharing the firm's statements; he said an internal Absa investigation found no wrongdoing. Absa denies all allegations, including data leakage, sabotage and bribery, and has asked the court to dismiss the suit. No judgment date has been set.

    Company response

    • Denial — Absa Bank Kenya

      Absa denies every allegation and has asked the court to dismiss the suit.
    • Investigation — Absa Bank Kenya

    Source excerpt

    • It says Absa mishandled its 2021 loan restructuring and leaked its confidential financial position to third parties, including competitors. Absa denies all of it.
    • An Absa Bank Kenya credit manager has told the High Court in Mombasa that he took M-Pesa payments from a borrower’s director, but denied any bribe or data leak.
    • The testimony was reported on Friday 9 October by Kenya’s Nation newspaper.