Reopening Charterhouse Bank a mockery to Kenya’s development
COMMENTARY
On June 23, 2006, the Central Bank of Kenya (CBK) placed Charterhouse Bank under statutory management. Six years later the Charterhouse Bank saga still rumbles on, with seemingly increasing pressure from Parliament to re-open the bank. At stake are customers’ deposits believed to be in excess of Sh3 billion as well as securities and title deeds that were frozen because the bank could not operate.

By - Charles Wanguhu | 9 years ago
MOST READ

- Safari rally fans warned over condom shortage in Naivasha
RIFT VALLEY
- KRA auctions abandoned goods worth Sh39.6m at Mombasa port
COAST
- Over 250,000 students to join higher learning institutions
EDUCATION
- UK-based engineer takes aunt to court for 'grabbing' his land in Nairobi
NATIONAL
By Paul Ogemba
- Cold weekend ahead as temperatures hit below 10 degrees
NATIONAL
By Betty Njeru