Ex-Chase Bank boss gave firms linked to him Sh1 billion unsecured loans

Ex-Chase Bank chairman Zafrullah Khan. FILE PHOTO | NMG

The former chairman of the collapsed Chase Bank advanced companies associated with him loans amounting to over Sh1 billion without securities, a court heard yesterday.

Testimony presented before senior principal magistrate Martha Mutuku showed Mohammed Zafrullah Khan did not repay the loans advanced to Colnbrook Holdings Limited and Camellia Investments Limited between 2012 and 2015.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.