Our busi­ness is sound, Fam­ily Bank boss dis­pels rumours

The Star (Kenya) - - News -

CYN­THIA ILAKO/ Mid-tier Fam­ily Bank has de­nied claims that it is fac­ing cash flow chal­lenges fol­low­ing the on­go­ing in­ves­ti­ga­tions into the Sh791 mil­lion National Youth Ser­vice scan­dal. “There were neg­a­tive state­ments telling peo­ple that Fam­ily Bank is suf­fer­ing from liq­uid­ity prob­lems, and there­fore cus­tomers should take pre­cau­tions with their de­posits – that was in the so­cial me­dia,” bank MD David Thuku (pic­tured) said yes­ter­day. “We are work­ing with in­ves­tiga­tive au­thor­i­ties in track­ing down the source of these ma­li­cious state­ments and can con­fi­dently re­port that they are clos­ing in on the source.”

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