Author: Korir Issa

IK, a Masinde Muliro University grad, tackles social justice through journalism. He analyses news and writes on women's rights, politics, technology, law, and global affairs.

The Capital Markets Authority (CMA) has fined former board members and senior managers of Chase Bank and its Reporting Accountant Deloitte and Touche over their role in the issuance of a Ksh 10 billion bond in 2015. Former Chase Bank Group Managing Director Duncan Kabui has been fined Kshs. 5 million and disqualified from being a director or key personnel of a company regulated by the Capital Market Authority for 10 years, while Deloitte has been fined Ksh 10 million. “In line with its investor protection mandate, the CMA has taken enforcement action against former board members, senior management of…

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