EDITORIAL: Regulator’s crackdown on ex-CMC bosses timely
1 weeks ago, 17:50
The capital markets regulator has showed great steel in pursuing and penalising former directors of motor dealer CMC Holdings. The CMC board members and top management who were involved in siphoning of the company’s cash and stashing it in an offshore account showed serious affront on the trust bestowed on them by shareholders of the company. It will go down as one of the darkest chapters in Kenya’s capital market history, which threatened to tear down investors’ confidence in the stock exchange ...
Category: business corporate news