×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

48-hour ultimatum to raise Sh20b sets the stage for CBK, Imperial Bank court battle

Imperial Bank head office at westlands.PHOTO:BEVERLYNE MUSILI

It was a simple plan. They would walk into the offices of the Central Bank of Kenya (CBK) and tell the truth.

After several sleepless nights, directors of Imperial Bank had finally come up with a strategy on how best to manage the crisis they had just discovered.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902