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AFC directors among defaulters of Sh3bn, auditor says

nancy

Nancy Gathungu, Auditor-General of the Republic of Kenya. 

Photo credit: File | Nation Media Group

By  Brian Ambani

Business Reporter

Nation Media Group

Six directors of the Agricultural Finance Corporation (AFC) have defaulted on Sh35.82 million which they took from the company, but has now been deemed unrecoverable, making them among borrowers who have defaulted on loans worth Sh3.06 billion.

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