Probe turns to CBK staff linked to collapse of Imperial, Chase banks

As SBM Holdings officially takes charge of Chase Bank tomorrow, focus shifts to Imperial Bank takeover by KCB in September and investigations against Central Bank of Kenya (CBK) officials linked to the collapse of the lenders.

The Ethics and Anti-Corruption Commission (EACC) in May revealed that it was investigating former and current CBK officials for their role in the multi-billion shilling accounting fraud that ran down Imperial Bank.

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