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Ex-Jamii Bora boss wants Sh78m pay

Ex-Jamii Bora boss wants Sh78m pay Monday February 15 2021 By VICTOR JUMA Summary The former chief executive of Jamii Bora Bank, Timothy Mwaniki Kabiru, is demanding an exit compensation of Sh78 million from the lender, which was acquired by Co-op Bank and renamed Kingdom Bank. The demand has met stiff resistance from Kingdom which says Mr Kabiru cooked up a scheme to walk away with the money without justification and evidence of board meetings backing the payout. Co-op Bank acquired a 90 perce...
Nairobi Area Jamii Bora Munyalo Nthuli Lady Justice Monica Mbaru Timothy Mwaniki Kabiru Anthony Mburu

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