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CBK promises to act on banks linked to NYS tender scam

CBK Governor Patrick Njoroge (PHOTO: FILE)

NAIROBI, KENYA: Central Bank of Kenya head has blamed the theft of large amounts of public money to people not following guidelines.

Governor Patrick Njoroge said Central Bank of Kenya has developed strict guidelines on movements of large amounts of money but it seems some banks are not keen on following them leading to loss of public funds.

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