The 1997 JKIA Incident: A Transaction That Shocked Kenya

On January 5, 1997, an extraordinary event unfolded at Kenya Airfreight Handling Limited:

Key details of what occurred:

  • A routine currency transfer from Citibank's New York office to Nairobi
  • Omondi presented himself as authorized to collect the $2 million shipment
  • Security released the 11kg cash package based on his credentials
  • The funds were later reported missing

This incident raised serious questions about financial security protocols in Kenya's banking sector.