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CBK receives Chase Bank audit report

A forensic audit on the operations of Chase Bank before it was put under receivership will be out today, The Standard has learnt. KPMG South Africa is expected to hand over the audit report to Central Bank of Kenya (CBK) and Kenya Deposit Insurance Corporation (KDIC).

CBK and KDIC will both act on the due diligence report for 30 days before deciding the next phase for Chase Bank’s recovery.

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