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The Standard Group Plc is a
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print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The banking regulator has stepped up its probe into possible forex manipulation breaches by unnamed ten commercial banks which will lead to stiff penalties for the lenders if they are found culpable.
Central Bank of Kenya (CBK) said its full-scale investigation focusing on the 10 banks had roped in members of their boards and top management ahead of a determination of its findings.
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