Last Updated on June 9, 2026 by courtnews reporter
David Dimba has become a serious concern in Kenya’s business world, and his focus on Stanbic Bank has gone too far. He is currently trying to extort the Chief Executive Officer of Stanbic Bank, along with many other corporate leaders. What makes this situation alarming is that Dimba has repeatedly gotten away with similar blackmail and extortion games in the past. He does not seem to fear any consequences, and now he has turned his attention to one of the country’s major banks.
Dimba has even declared himself the incoming Chief Executive Officer of Stanbic Bank. He makes this claim publicly, even though no official announcement has been made by the bank or the Central Bank of Kenya. He walks around telling people that he has accepted the position and that his takeover is coming soon. This is not only false but also a clear attempt to pressure and intimidate the bank’s real leadership. His actions have kept corporate executives at Stanbic under constant fear and pressure. They do not know what he will say or do next, and that uncertainty is damaging.
Reports indicate that Dimba threatens to storm bank premises with groups of goons until his financial demands are met. He uses social media, emails, and public videos to send these threats. He makes it clear that if Stanbic does not give him what he wants, he will cause chaos inside their branches. This is no longer just loud talk. It is a pattern of intimidation designed to force payments and benefits from hardworking executives who are simply trying to do their jobs.
What is worse is that Dimba seems completely oblivious to the danger and damage his activities pose to Kenya’s investment space. When a person can repeatedly threaten a major bank and its CEO without facing any legal action, foreign and local investors start to worry. They ask themselves if Kenya is a safe place to put their money. Stanbic Bank plays a big role in the economy, and this ongoing public fight harms trust in the entire financial system.
It is time for fraud investigators to step in. They have the power to look into these claims of blackmail and extortion. The public wonders why no action has been taken yet. Stanbic Bank should not have to operate under ransom-like conditions. Clear and quick action from the authorities would send a strong message that such behavior will not be tolerated. Kenya’s business environment must remain fair, safe, and free from fear.