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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.
MPs have threatened to reverse stringent measures by the Central Bank of Kenya requiring full disclosure on cash transactions exceeding Sh1 million.
The MPs claimed that the rules requiring disclosure of sources of cash and intended use have inconvenienced many, prompting some to avoid banking the cash.
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