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Corrupt HF Group Posts Cooked 110 Million Loss In 2019
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The fraudulent HF Group still remains the only bank listed on the Nairobi Stock Exchange to post losses. Their stated 110.1 million loss for the financial year 2019 is still grossly understating their true loss position as loan loss provisioning figures are being cooked. Last year the bank was forced to shut down its
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The fraudulent HF Group still remains the only bank listed on the Nairobi Stock Exchange to post losses. Their stated 110.1 million loss for the financial year 2019 is still grossly understating their true loss position as loan loss provisioning figures are being cooked. Last year the bank was forced to shut down its
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