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Cyprian Is Nyakundi


Injustice and high-handedness at Equity Bank, ELP and Equity Group Foundation

Hi Nyakundi, one Eva Muriuki is the new face of injustice at Equity Bank’s extortionist and blackmailing project, the Equity Leadership Program.

Take, for example, 2017, where KCSE gave Kenya 124 As. These high achievers, plus top students in the sub-counties, were duped into a pre-university internship where Equity Bank, strategically dodging recruitment of tellers whom they would pay better, promised each intern Ksh. 40,000 net monthly pay.

But upon appointment and commencement of service, the interns would learn of only getting to take home Ksh. 13,000 for donkey work that would run from 6 a.m to 7 p.m on weekdays and 7 a.m to 2 p.m on Saturdays as hostage tellers.

The bank claimed that Ksh 7,000 went to taxes and Ksh. 20,000 was mandatorily channeled to Equity Sacco. No intern was consulted on this for such decisions are above board. Then the bank deducted Ksh.6000 as Sacco management fee. Not bad.

The bad part is that it has become increasingly impossible for the former interns to access these “sacco contributions” since moving on to join campus.

One gets frustrated and denied withdrawals. The bank is using this Eva Muriuki to deny the interns their forced “savings”.

Exaggerated rules and requirements have been put in place to make it hard for accessing the sacco savings by the interns.

The bossy Eva Muriuki seeks, for example, detailed personal emails to beg for the withdrawals in vain.

She will embarrass you so bad and send you away like bad omen if you fail to speak to her enticingly and fluently in well-articulated British English, seeking your sacco savings!

Please highlight this before the victimization intensifies. The top KCSE 2018 students and others to follow will equally be this mistreated!

It’s the height of blackmail, abuse and extortion! I am a victim, as are all (if not most) of my contemporaries.

Thank you.

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