The High Court has overturned a Sh5.1 million award against the Central Bank of Kenya (CBK) over the alleged malicious prosecution of a former official linked to the suspected theft of electronics from Imperial Bank’s Likoni branch during receivership.
The court ruled that the CBK merely provided information to police, who conducted independent investigations before the Director of Public Prosecutions (DPP) decided to charge the official, Naaman Muguna.