Central Bank of Kenya (CBK) Governor Kamau Thugge has been summoned to court over a tussle for Sh970 million deposited by a Mauritian lender at Chase Bank (K) Ltd, less than two weeks before the bank collapsed in April 2016.
High Court judge Francis Gikonyo said Dr Thugge should appear on June 3 to explain why monies belonging to SBM Bank (Kenya) Ltd, which acquired Chase Bank, being held at CBK, should not be used to settle a debt owed to AfrAsia Bank Ltd.
