The capital markets regulator has penalised three former Chase Bank executives, five board members and reporting accountant Deloitte and Touche over their alleged role in the issuance of Sh10 billion medium-term bond in 2015.
The Capital Markets Authority (CMA) has fined former Chase Bank managing director Duncan Kabui Sh5 million and disqualified him from being a director or key personnel of any issuer in the Kenyan capital market for a period of ten 10 years.
