NBS employee steals K47m


An operations manager at NBS Bank’s Zomba Branch is on the run after stealing K47 million from the bank.

The employee Gift Nafere stole 10,500 Euros, US$48,800, 4,960 South African Rands and K1,468000. The money amounts to 47 million Malawi Kwacha.


According to a police report, Nafere who is second in charge of the branch did not report for his usual duties at the bank on Sunday.

On Monday, his colleagues tried to call him but his phone was switched off. Nafere’s colleagues also noticed that he had left several WhatsApp groups.

At the bank it was discovered that Nafere disconnected all the computer systems on CCTV and the backdoor used by the staff members.

The Zomba branch manager called Nafere’s wife who said her husband called her on Saturday and informed her that he was going to Mulanje with his sick uncle to meet an African doctor.

Meanwhile, the bank has issued a wanted notice for Nafera and is offering K100,000 for information leading to his arrest.