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Hunt on for suspect in $11.5 million bank fraud

August 19, 1997

NAIROBI, Kenya (AP) _ Authorities appealed to the public today to help search for a Kenyan suspected of defrauding seven banks of $11.5 million.

The suspect, Satish Naker, has passed bad checks between the banks and fictitious companies, the Central Bank of Kenya said.

Fraud investigator Joseph Kamau said Naker is believed to have left the country.

``We’re making every effort to apprehend him and recover the money,″ he said. He offered no further details.

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