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Axe falls on eight CIC Insurance top managers

Category: Corporate 1 Comment A+ / A-

Eight senior and middle level managers have been sacked for defrauding a Kenyan Insurance firm an undisclosed amount of money in land projects in various locations.

CIC Insurance group in a Memo Dated Dec 17, 2014 the company said a forensic audit found the eight employees liable for the offense-that involved set up of fencing and ICT infrastructure in new buildings owned by the underwriter.

The board of directors has recommended their sacking, according to a memo signed by the company’s deputy chief executive, Tom Gitogo.

Axe falls on eight CIC Insurance top managers Reviewed by on . Eight senior and middle level managers have been sacked for defrauding a Kenyan Insurance firm an undisclosed amount of money in land projects in various locati Eight senior and middle level managers have been sacked for defrauding a Kenyan Insurance firm an undisclosed amount of money in land projects in various locati Rating: 0

Comments (1)

  • Rosa

    Lets have some bad taste jokes for this one.With those 5 innovations, I’m &#g&e0;sm2llin82#8221; very intelligent toilets coming in 5 years from an unlikely source, IBM!Remember, prior to XIXth century doctors were required to “taste” urine for diabetes.

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