[File, Standard]“This bank would bribe God.” These words of a former employee of the disgraced Bank of Credit and Commerce International (BCCI) sum up one of the most rotten global financial institutions. Central Bank of Kenya (CBK) would then move to appoint a manager to oversee the operations of the BCCI operations in Kenya. “It looks to us like a Western plot to eliminate a successful Muslim-run Third World Bank. For instance, armed policemen would be deployed at the bank’s Nairobi branch on Koinange Street after the bank had announced it would shut its Kenyan operations. Their firms held almost half of the 120,000 bank accounts registered with BCCI in Britain.

Source: Standard Digital June 14, 2021 10:07 UTC