The Cabinet secretary nominee for Treasury Njuguna Ndung’u Thursday voiced his concern about recent bank collapses, in comments seen as a veiled rebuke of Central Bank of Kenya (CBK) Governor Patrick Njoroge’s leadership.
Prof Ndung’u, who was replaced at central bank by Dr Njoroge in 2016, criticised his successor for letting three banks collapse in quick succession six years ago and using scare tactics to control the banking sector.
