Last month Haji wrote to the CMA requesting a duplicate file of the regulator's probe into the NBK deposit mobilisation scam. Under the programme, NBK was to pay commissions to agents that helped drive up money deposits by the lender's clients. But the two agents were paid huge commissions for deposits paid by government institutions in their normal course of business. CMA's probe has now revealed that Alubala, Kisire, Langat and Kyengo received kickbacks from Advest and Edge Capital Consultancy. After trailing the money paid to the two NBK agents, CMA says it has been able to trace Sh69.6 million to Langat, Kyengo, Kisire and Alubala.

Source: The Star May 14, 2018 21:56 UTC