Kenya’s Central Bank slaps $3.89mn fine on 5 top banks for handling stolen funds
Kenya’s Central Bank on Wednesday fined five of its top commercial banks a total of 392.5 million shillings ($3.89 million) for handling more than $35 million, stolen from the country’s National Youth Service (NYS) agency. The banking regulator in a statement said its investigations led to Standard Chartered Bank Kenya, Equity Bank Kenya, Diamond Trust […]