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The Central Bank of Kenya wants to recover Sh82.9 billion from the elaborate web of individuals accused of sinking Imperial Bank.
Initially, the CBK through statutory manager, Kenya Depositors Insurance Corporation (KDIC) had indicated that Sh34 billion had gone missing when it filed the first suit against Imperial Bank Limited (IBL)’s seven owners. These included Imaran Ltd, Reynolds & Company Ltd, East Africa Motors Industries Ltd, Momentum Holdings Ltd, Rex Motors Ltd, Kenblest Ltd and Abdumal Investments Ltd.
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