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Former Family Bank bosses now to face criminal charges

Former Family Bank MD Peter Munyiri, who is among seven facing charges. [File, Standard]

Seven former executives at mid-tier lender Family Bank will face criminal charges for money laundering after their efforts to block prosecution failed.

The lender had moved to the Court of Appeal after the High Court declined to intervene on Sh1.6 billion National Youth Services scam that also roped in lawyers and politicians.

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