How politicians, bureaucrats milked Kenya dry for 20 years

Central Bank of Kenya (CBK) holds and manages foreign exchange reserves, is charged with the responsibility for formulating monetary policy to achieve and maintain price stability. [Jonah Onyango, Standard]

Kenyan politicians and their cronies stashed away more than Sh300 billion ($3 billion) in foreign accounts between 1990 and 2010, a new World Bank report has revealed.