Court backs omission of bankers, politicians from CBK top jobs

The Central Bank of Kenya in Nairobi.

Photo credit: File | Nation Media Group

The High Court has upheld legal restrictions barring politicians and financial-sector insiders from becoming Central Bank of Kenya (CBK) governor or deputy governor.

The court dismissed a Constitutional challenge by an advocate, Ishmael Nyaribo, finding the statutory restrictions protect CBK from conflicts of interest and political influence.

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