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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Early last month, the Communications Authority of Kenya (CA) announced the suspension of Director General Ezra Chiloba pending investigations into irregularities in the organisation's staff mortgage scheme.
The Special Board Audit and Risk Committee recommended discplinary action against Mr Chiloba on grounds of negligence of duty and gross misconduct for self-approving a Sh25 million mortgage to himself and exposing the CA to financial loss.
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