Charterhouse depositors with Sh500,000 set for refund in 30 days Tuesday May 11 2021 By PATRICK ALUSHULA Summary KDIC says the next step after paying out the insured deposits will be to go for the assets of the bank, including pursuing firms and individuals who had taken loans. Depositors who had up to Sh500,000 deposits in collapsed Charterhouse Bank will receive their full money back within a month, ending a 14-year freeze that had inconvenienced thousands of savers. The Kenya Deposit Insurance Corporation (KDIC), the agency overseeing the liquidation of the bank that was put under statutory management in June 2006, says the payout will cover 85 percent or 3,995 deposit accounts.