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Incompetent Kenya Bankers Association Defends Rogue ABC Bank

CAPTION: ABC Bank Group Managing Director, Shamaz Savani (Left) and Habil Olaka, CEO of Kenya Bankers Association Kenya Bankers Association (KBA) has now come out to defend African Banking Corporation (ABC) Bank from allegations of money laundering and other financial crimes. This same KBA that prides itself as the le

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CAPTION: ABC Bank Group Managing Director, Shamaz Savani (Left) and Habil Olaka, CEO of Kenya Bankers Association Kenya Bankers Association (KBA) has now come out to defend African Banking...

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CAPTION: ABC Bank Group Managing Director, Shamaz Savani (Left) and Habil Olaka, CEO of Kenya Bankers Association Kenya Bankers Association (KBA) has...

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Incompetent Kenya Bankers Association Defends Rogue ABC Bank

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CAPTION: ABC Bank Group Managing Director, Shamaz Savani (Left) and Habil Olaka, CEO of Kenya Bankers Association Kenya Bankers Association (KBA) has now come out to defend 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 sank 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. What makes KBA think that is has the right to defend rogue banks? What is...

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