{
  "id": 18279462,
  "title": "Court freezes accounts, crypto assets over Sh1.5bn Equity Bank heist",
  "url": "https://urgent.news/2026/11/05/court-freezes-accounts-crypto-assets-over-sh1-5bn-equity-bank-heist",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T08:09:01.000Z",
  "source": {
    "name": "Nation Africa",
    "slug": "nation-africa",
    "url": "https://nation.africa/kenya/business/court-freezes-accounts-crypto-assets-over-sh1-5bn-equity-bank-heist-5659034"
  },
  "original_language": "en",
  "account": "The High Court has granted Equity Bank the authority to freeze four individuals' and five companies' accounts in connection with a Sh1.5 billion fraud allegedly perpetrated through salary-disguised transactions. The court has set a combined limit of Sh303.2 million on the frozen accounts, which is significantly less than the Sh1.5 billion reported as stolen. The funds were allegedly siphoned off using a former manager's diversion of funds from Equity Bank's salary-processing ledger. Additionally, Health CS Duale has submitted new stringent public health regulations to Parliament, following the ministry's announcement in June to streamline the school calendar. Notably, MP Dena passed away on December 6, 2025, months after the ANC party dissolved and merged with President Ruto's UDA.",
  "summary": "Investigators revealed that several companies involved were allegedly incorporated specifically...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Daily Africa",
        "title": "Court freezes accounts, crypto assets over Sh1.5bn Equity Bank heist",
        "url": "https://urgent.news/2026/11/04/court-freezes-accounts-crypto-assets-over-sh1-5bn-equity-bank-heist",
        "published": "2026-11-04T15:15:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}