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Daggers have been drawn at Central Bank of Kenya (CBK) over a lucrative Sh25 billion contract to print new generation currency, The Standard on Sunday can report.
At the same time, local politically connected cartels and foreign multinationals are locked in a vicious battle to defeat Government’s efforts to lower the price of printing the currency. The contract to print the new notes has split the top bosses at CBK right down the middle as they jostle and lobby on behalf of interested parties and multinationals.
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