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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
German-based lender Deutsche Bank has shut all National Bank of Kenya (NBK) accounts over suspected money laundering activities, Weekend Business has learnt.
Sources within the bank said the closure took effect towards the end of last week. The revelations come even before the dust settles after former chief executive officer Munir Ahmed and five other top managers were edged out over corporate governance issues within the lender.
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