It's high noon for cheating banks in Kenya

Thousands of Kenyans have over the last two decades or so endured unimaginable misery with the collapse of banking institutions, painted by the national regulatory authorities, independent auditors and even the banking insider community as sound and flourishing.

Memories of the collapse of Kenya Finance Corporation, Trade Bank, Trust Bank, Euro Bank, Reliance Bank and Charter House and many others still remain. In the era of former Central Bank of Kenya (CBK) Governor Prof Njuguna Ndungu from 2007 to 2015 not a single bank was put under liquidation.