Directors wants NJUGUNA NDUNG’U arrested for stealing Sh 42 billion from Imperial Bank

Thursday October 13, 2016 - Former Central Bank of Kenya Governor, Prof Njuguna Ndung’u, has been accused of being behind the collapse of Imperial Bank.

In an affidavit signed by 8 directors of the bank, the 8 accused Njuguna Ndung’u of manipulating Imperial Bank’s schedules courtesy of his close friendship to former Imperial Bank Group Managing Director, Abdulmalek Janmohamed.

"CBK has been involved in the manipulation of the bank's schedules," said the Directors.

The directors also said that Njuguna had....

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