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Central Bank of Kenya to vet bank bosses afresh to curb fraud

CBK chairman Mohamed Nyaoga

The Central Bank of Kenya (CBK) is vetting bank directors and senior managers afresh in a bid to raise the bar of integrity in the sector.

According to CBK chairman Mohamed Nyaoga, the recent lapses in banking institutions that saw three lenders put under receivership has made  the regulator swing into action to restore confidence in the sector.

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