Imperial Bank directors block CMA probe into Sh2bn bond

Imperial Bank directors block CMA probe into Sh2bn bond
Thursday April 15 2021
By OTIATO GUGUYU
Summary
Imperial Bank directors have stopped the Capital Markets Authority (CMA) from pursuing them over the Sh2 billion corporate bond that the lender issued a month before it was placed in receivership.
The eight directors have blocked investigations through the CMA tribunal on grounds the probe team will be impartial.
Imperial Bank directors have stopped the Capital Markets Authority (CMA) from pursuing them over the Sh2 billion corporate bond that the lender issued a month before it was placed in receivership.
The eight directors have blocked investigations through the CMA tribunal on grounds the probe team will be impartial.

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