So much damage has already been done to the bank, but it is a good starting point to hold accountable people bringing down big institutions, ideally all corrupt, as well as those fleecing institution ought to be interdicted as soon as some corruption/fraud is detected to help stem the fraud.
The Capital Markets Authority (CMA) has recommended the following former senior managers be prosecuted for swindling the bank.
Munir Sheikh - Former Managing Director, also disqualified from holding a board position for three years
George Jaba - Chief Credit Officer
Chris Kisire - Chief Finance Officer, disqualified for a 3 years
Wycliffe Kivunira - Chief Finance officer
Solomon Alubala - Head of Treasury, disqualified a period of 10 years
Boniface Biko - Director Corporate and Institutional Banking
Dennis Chumbe - Relationship Manager Business Banking
badala mtu awekwe ndani 90 years ama death sentence ati DISQUALIFIED , na hao majamaa wameiba billions washafunguwa ma banks and other financial institutions through proxy and 2022 watakuwa elected from MPs to gavanas and become ultra untouchable . then run down again the institutions .
Hii bank iko tu na mashida mingi. Insider loans, MD ni kadinya, branch closures etc etc.
The only reason this bank is surviving is because NHIF is a majority shareholder, and it has deep pockets. Hii ingekuwa bank ingine ingekuwa ishafungwa kitambo chase style. Im sure customers did a bank run on NBK and its still afloat coz of the massive deposits za Gover.
Ndio naulizaga kazi yao ni nini au ni kusema tu “could not be accounted for” na kunawa mikono wale pia? Niliuliza @Okiya akaniambia they audit according to international standards…but who set the standard? In short we are demanding more of the auditor si kutwambia punda ameibiwa year in year out wakati ameenda…eti kazi yangu ilikuwa ku-point out that the donkey has been stolen…