The Capital Markets Authority (CMA) is investigating the suitability of a Bamburi Cement #ticker:BAMB director who was last week charged with defrauding the National Bank of Kenya (NBK), putting to the test Kenya’s newly enacted corporate governance laws.
The markets regulator said it is reviewing the eligibility of Chris Kisire to serve on the publicly-listed cement maker’s board, after the accountant was arraigned on charges of swindling more than Sh77 million from NBK #ticker:NBK.
