Nairobi Law Monthly - - Contents - PAGE | 38

Was for­mer Im­pe­rial Bank man­ag­ing di­rec­tor the late Ab­dul­ma­lik Jan­mo­hammed elim­i­nated to con­ceal ev­i­dence of Sh38 bil­lion steal­ing of de­pos­i­tors’ funds? Did Cen­tral Bank of Kenya know of the un­der­hand deal­ings, il­le­gal de­posits and with­drawals in the bank? Was CBK part of the syn­di­cate, and did it choose join the con­spir­acy with se­nior man­agers at Im­pe­rial Bank for over ten years with­out knowl­edge of the bank’s share­hold­ers?

“Kenya’s bud­get is now ap­proach­ing 2 tril­lion shillings; a third of it is be­ing wasted through cor­rup­tion. Six hundred bil­lion shillings can fi­nance the bulk of the govern­ment’s re­cur­rent ex­pen­di­ture so that the ser­vices can reach all cor­ners of Kenya” – EACC chair Philip Kin­isu

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