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The Standard Group Plc is a
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influence in matters of national and international interest.
More than Sh1.3 billion worth of deposits remains unclaimed in Dubai Bank three months after it collapsed, raising fears that most account holders may have been using the lender to run illegal activities.
Central Bank of Kenya yesterday said only 561 out of 7743 depositors of the collapsed lender had come forward to claim their cash, and had collectively been paid Sh37 million. The huge bulk of faceless account holders is now worrying authorities over the possibly links to money laundering and worse, terror financing.
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