CMA goes after eight Imperial Bank directors in Sh2bn fraud

Imperial Bank Likoni

Imperial Bank's branch in Likoni, Mombasa County, as pictured on October 14, 2015.

Photo credit: File | Nation Media Group

In October 2015, the Central of Kenya (CBK) jolted the financial markets when it placed Imperial Bank under receivership after a Sh34 billion hole was discovered at the tier-two bank.


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