Eight former senior executives of troubled National Bank of Kenya (NBK) #ticker:NBK have been fined millions of shillings and banned from holding office in listed companies for up to 10 years over cooking of books and theft of more than Sh1 billion from the lender.
The capital markets regulator on Wednesday said its investigations had found the officials liable for misrepresenting the bank’s financial statements for the periods ended June 30, 2015 and September 30, 2015.
