CBK must defend innocent mwananchi by reigning over rogue banks

This is painful! How can a common mwananchi pay his tax while entrusted banks to remit the same evade paying? Indeed, the Central Bank of Kenya (CBK) has demonstrated its capacity to defend the common mwananchi by reigning over rogue banks. The regulator need to step up the effort and seek ways to weed out shadowy banks and investors who exercise evil control or influence decisions in banks’ lending policies that are not in tandem with CBK.

Those in violation of the suitability standards, including having a history of fraudulent activities, should face the prospect of forfeiting their banking rights in Kenya and having their shares sold among other penalties to recover monies stolen from innocent depositors whose monies have gone under receivership too!