According to the post on Facebook by Captainx Lennox Omondi, the tragic passing of David Otieno Oloo (Dr. Oludhe) on August 4, 2023, has taken a disturbing turn.
His family is now facing a shocking financial fraud that has seen over Ksh 23 million vanish from his ABSA Bank Kisumu dollar account under highly suspicious circumstances.
This case highlights a worrying loophole in the financial and legal systems that allows fraudsters to exploit the deceased, leaving their families in distress.
Captainx Lennox Omondi has shared that the family, knowing the risks involved, had moved to court to place a caveat on the account to ensure that all financial transactions followed a legal process.
However, what followed has left many questioning the integrity of the institutions meant to protect people’s wealth. An individual filed a civil case in Nyamira, claiming that David owed him Ksh 21 million and demanded that ABSA Bank release the money.
Shockingly, the bank proceeded with the transaction without informing the deceased’s legally recognized family, raising serious concerns about due process and the bank’s role in the fraud.
One of the most alarming aspects of this case is that David’s wife, Donna, who was legally appointed as the temporary estate administrator by the Kisumu court, was completely unaware of this lawsuit.
It was only after she visited the ABSA Bank Kisumu branch to withdraw funds for her children’s school fees that she was informed the account had been emptied. This revelation, coming a year after David’s death, has left the family in disbelief. How could such a large sum of money be withdrawn without the estate administrator’s knowledge?
The fraudulent claim was filed by Simon Peter Wainana Njoroge under civil suit No. E051/2024 at the Chief Magistrate’s Court in Nyamira.
However, strangely, the order to compel ABSA Bank to release the funds came from the Environment and Lands Court under case No. E051/2024. This raises serious legal questions why would a case related to financial claims be handled in a court dealing with land issues?
This irregularity suggests that there was deliberate maneuvering to bypass legal safeguards. Another major issue is that ABSA Bank had already been informed of David’s passing and was legally bound to uphold the succession process.
The court had also authorized Donna to withdraw funds, meaning the account was under a valid legal restriction. Yet, another court was able to lift the caveat and allow the full withdrawal of funds without notifying the estate manager.
This is a clear violation of banking regulations and succession laws.The bank’s role in this matter is even more suspicious when considering the actions of its officials.
The bank manager who oversaw this transaction quietly transferred to Eco Bank soon after the funds were withdrawn.
The entire sum was then withdrawn in Nyamira instead of Kisumu, where the account was based. This raises serious concerns about whether bank officials were complicit in the fraud.
Was this an isolated incident, or does it reveal a deeper network of corruption within financial institutions?
This case brings up bigger questions about the security of deceased persons’ bank accounts in Kenya. How can such large sums of money disappear so easily despite legal protections? How does a different court, one unrelated to succession matters, get involved and override an existing legal process?
What happens to David’s widow and children now that their only source of financial stability has been wiped out?If this can happen to one family, how many others have suffered similar losses without getting justice?
This is not just a personal tragedy for David’s family, it is a national issue that exposes weaknesses in the banking and legal systems. It is a call for accountability. The banks, courts, and all involved parties must answer for their actions. This case cannot be ignored or buried like many others. Justice for David Otieno Oloo must be served.
