The African Banking corporation has hired social media influencers to accuse Kenyans on Twitter of blackmail as questions pertaining to the bank's money laundering allegations grew louder and louder.
This site had exposed that the bank is under investigation by CBK over some illegal activities and it looks like a section of Kenyans on social media picked our articles and demanded to know what was really happening.
On May 10th, the Kenya Bankers Association (KBA) came out to defend the African Banking Corporation (ABC) Bank from allegations of money laundering and other financial crimes.
This same KBA that prides itself as the leading advocacy group and the umbrella body of the institutions licenced and regulated by the Central Bank of Kenya (CBK), is the same one that regulated Euro Bank, Imperial Bank and Chase Banks which have actually sunk with Kenyans money.
National Bank of Kenya (NBK) is also a member of KBA yet the looting and running down of this institution is ongoing as serialized by this blog since 2014.
KBA doesn’t audit banks and therefore knows nothing about their thefts. Chase bank were members. Imperial bank were members.
In Tweets, the ABC group has refused to address the issues raised and decided to blame Kenyans on Twitter even as new details emerge that the bank is now lobbying the Central Bank Of Kenya supervision department as the Group's Managing Director, Shamaz Savani and his father prepare bribes to save their money laundering outfit. CNYAKUNDI.COM will do an expose on this father of corruption in our next series.
Reports that CNYAKUNDI.COM confirmed indicates that that the Bank has more than 1,000 Acres of land acquired from drug-linked “tycoon” Ali Badruddin Punjani.