@DailyNation

Ouko doubts KPA will recover Sh3bn held in Chase Bank

13 days ago, 17:56

By: Edwin Mutai

Auditor-General Edward Ouko has raised doubts over whether Kenya Ports Authority (KPA) can recover Sh3 billion it deposited in Chase Bank four months before it was placed under receivership in April 2016. Mr Ouko said it remains unclear whether the KPA would recover the billions placed in fixed deposits as the Central Bank of Kenya seeks a buyer to revive the bank. “Under the circumstance, it is not possible to confirm recoverability of the short-term deposits totalling to Sh2,957,000,000 invest ...
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@DailyNation

Ouko doubts KPA will recover Sh3bn held in Chase Bank

13 days ago, 17:56

By: Edwin Mutai
Auditor-General Edward Ouko has raised doubts over whether Kenya Ports Authority (KPA) can recover Sh3 billion it deposited in Chase Bank four months before it was placed under receivership in April 2016. Mr Ouko said it remains unclear whether the KPA would recover the billions placed in fixed deposits as the Central Bank of Kenya seeks a buyer to revive the bank. “Under the circumstance, it is not possible to confirm recoverability of the short-term deposits totalling to Sh2,957,000,000 invest ...
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Human rights activist at centre of ICC cases Ken Wafula dies

NAIROBI, Kenya, Jan 17 - Controversial human rights activist Ken Wafula, who is based in Eldoret, is dead. Wafula's family confirmed that he died while und - Kenya breaking news | Kenya news today | C ...

Category: topnews
4 hours ago, 06:09
@DailyNation - By: Fred Mukinda
MEPs urge support for Kenya's electoral process

Members of the European Parliament discuss situation in Kenya. ...

Category: topnews news
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@TheEastAfrican - By: Paul Redfern
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Concern is growing that 2018 could be the year that sub-Saharan Africa sees a new debt crisis. ...

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