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Central Bank Governor Patrick Njoroge was yesterday put on the spot for being lenient on his staff and auditors involved in three collapsed banks.
Dr Njoroge was hard pressed to explain why he gave Deloitte, the same audit firm that oversaw Chase Bank’s books in the run-up to its collapse, the mandate to carry out due diligence on the lender’s books. Deloitte was engaged to find out if the bank could be revived.
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