Three weeks ago the business community and the people in Kenya and Eastern Africa were woken up to the sad news that Chase bank and all of its branches in Kenya had gone under. This included Imani Chase bank. The Central bank instruction was that Chase bank has gone under; it had only to be dealt with as a protégé of the receiver but not allowed to carry out its banking services to the public.
It was shocking as most people had a lot of their cash in this bank .The prophets of doom and sadists went up in a song and dance, with their nose in the air looking for someone to bring down to their precipice.