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Africa stock exchange lobby’s millions locked in troubled Chase Bank
Mr Geoffrey Odundo, a director at the pan- African association. PHOTO | FILE
A continental stock exchange lobby has revealed that its $69,113 (Sh6.91 million) is stuck at the troubled Chase Bank.
The African Securities Exchanges Association (Asea) said in its latest annual report that it was holding the cash at the bank shut down in April by the Central Bank of Kenya but later reopened.