By DAVID MWEREMore by this AuthorBy LINET IGADWAMore by this AuthorThe new banking law would lock Kenya out of the global financial system if implemented, Central Bank of Kenya (CBK) governor Patrick Njoroge has warned. The law, which was passed by Parliament last October, will also impede the war against corruption and money laundering. Mr Duale said the actions by the CBK governor would lead to serious ramifications on the industry. According to Mr Mohamed, what CBK governor is doing in the financial sector is unacceptable and illegal. “If we are going to succeed in the terrorism war, the CBK governor must be supported.

Source: Daily Nation February 27, 2019 04:52 UTC