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Equity bank distances itself from Terrorist Guarantor William Ruto

Equity bank distances itself from Terrorist Guarantor William Ruto

Equity Bank group has denied ever giving a Sh15 billion loan to the Turkish national, Harun Aydin.

The bank’s Managing Director Gerald Warui on Wednesday told a Parliamentary Committee the bank does not have any banking relationship with the Turk.

“He does not operate and does not have a banking relationship neither does he have a loan with us,” Warui said on Wednesday.

On Friday, Members of the Parliamentary Finance Committee summoned Equity Bank CEO James Mwangi to explain allegations of transacting Kshs15 billion to DP Ruto’s ally Turkish Harun Aydin.

However, it was the Managing DIrector Gerald Warui who answered the summons.

Warui appeared before the National Assembly Finance Committee chaired by Homa Bay MP Gladys Wanga.