A year ago today, I took 7 shots and lived to tell the story. June 25th isn't the day I almost died; it’s the day I proved I’m too tough to kill. Still standing. Still breathing. Still here.
@HomeboyzRadio#june25#iamalbertojwang#protest
My Experience With I&M Bank Read This Before You Trust Them With Your Money
I’ve banked with @imbankke for years and this year alone I moved roughly 7–13 million shillings through my account. Recently, I withdrew 2 million legitimate proceeds from my business.
A week later, I walked back into the branch like I always do and suddenly I was being bounced from the teller to the manager and back again.
Without warning, my account was frozen with close to 5 million shillings locked inside. December. Festive season. School fees coming in January. Zero access to my own money.
They demanded “source of funds” explanations which I gave. They even contacted the source. Still, I was dragged in circles while my life and business were put on hold.
Out of frustration, I involved my lawyer.
Then things got worse.
On 15th December, I received a call from a stranger asking to meet. During that meeting, I was told in plain language that my account could be “helped” and I’d regain access to my money on the condition that I hand over 30% of the total balance.
Think about that. Thirty. Percent. Of my own hard-earned money.
After that, I was suddenly being moved from office to office at the bank and yes, the account was reopened.
Let me be clear: ordinary Kenyans are out here working themselves to the bone to escape poverty while some of the very institutions trusted to keep our money safe are busy squeezing us when we’re most vulnerable.
My advice as someone who has gone through this: Avoid I&M Bank. What I’ve experienced there has destroyed every bit of trust I had in them.
Young Kenyans protect yourselves. Don’t assume the people guarding the vault are on your side. Hunger is everywhere, even in the banking halls.
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