×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Download App

Court ruling casts cloud over National Bank of Kenya board membership

National Bank Head quarters along Harambee Avenue,Nairobi. [File, Standard]

A judgement by the late High Court judge Joseph Onguto has left the future of National Bank of Kenya’s (NBK) board hanging in the balance, opening a loophole for possible litigation on its legality.  

Justice Onguto, in the judgement delivered on the last day of February before he collapsed and died on March 2, found that National Social Security Fund (NSSF) did not have a board at the time it elected two members to serve in the NBK board.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in