We will sue CMA, Fined ex-NBK bosses say

*Ex-National Bank of Kenya Chief Executive Officer Munir Ahmed (PHOTO: FILE)*

NAIROBI, KENYA: A former National Bank of Kenya boss has promised to go to court to block the Capital Markets Authority (CMA) effort to enforce a fine he was slapped with.

Munir Ahmed, who was fined Sh5 million, said the decision was malicious and arrived at without any regard for due process, facts or culpability.

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