CMA Kenya takes action against Former NBK Executives for cooking books & stealing funds in 2015

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The Capital Markets Authority (CMA) has announced that it has taken administrative action against former National Bank of Kenya Board members and Senior Managers who served at the Bank as at December 31, 2015 for the alleged misrepresentation of financial statements and embezzlement of funds at the bank. The Authority has also recommended to the Office of the Director of Public Prosecutions, the prosecution of some of the senior managers and further criminal investigations of additional individuals.






Source: http://kenyanwallstreet.com

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