Caption : National Bank chairman Mohammed Hassan. Biggest crook in Kenya who should be in jail for money laundering and other fraud-related cases. Mohammed is set to exit National Bank after looting it religiously. The overrated Central Bank Governor Patrick Njoroge has now come under focus for acting holier than thou, and turning a blind eye to corruption in the Banking sector, overseeing the collapse of Dubai Bank, Imperial Bank and most recently Chase Bank.
The sad state of affairs was confirmed on Monday 6th June 2016 by directors of Imperial Bank, who confessed in Parliament that Central Bank officials were bribed to oversee the grand heist at the bank which goes to show that Patrick Njoroge may not be the angel he pretends to be. Any appointee of Uhuru can't be clean because the President only liaises with crooks.
On the other hand the Capital Market Authority (CMA) is riddled with incompetence and corruption, as the "acting" CEO Paul Muthaura spends his days in the office watching porn and wanking, like URP Senator Kipchumba Murkomen.
As Paul Muthaura watches porn in his office, public companies have engaged in tricks on their shareholders, with directors engaging in matter that contravene Capital Markets Rules.
On the other hand, bribed business journalists like Terryanne Chebet and Wallace Kantai have presented the biggest corporate crooks in Kenya as authorities in the finance sectors allowing them to dupe shareholders and manipulate share price, by prying on the emotions of rural bred-Kenyans who have come to trust the partisan media as a source of information.
To complete this toxic Web of Deceit, public relations firms and online influencers like employees of ScanGroup have consistently used their resources to defend the biggest corporate crooks like the CEO's of National Bank, Safaricom, Kenya Airways and Uchumi Supermarkets.
But by the grace of God and the power of social media, truth has prevailed and the voices of reason logic and commonsense are starting to be heard, under the loud screams of corporate mercenaries for hire.
National Bank of Kenya Board met today and acting on pressure from the Central Bank, compelled on the Chairman Mohammed Hassan to resign. The negative publicity being directed at Central Bank and backed up by the submission under-oath by collapsed Imperial Bank directors on Monday further reinforces and gives credibility to our assertions that the Governor himself has been a beneficiary of bribes from corrupt banks.
Loans have been awarded based on patronage and friendship, without being secured as is the case with Equity Bank. Cooperative Bank has an insider-trading scheme. And National Bank's Chairman Mohammed Hassan has looted the bank to its knees.
Together with Francis Atwoli the Secretary General of Central Organization of Trade Unions (COTU) who is both a director at NBK and a trustee at the National Social Security Fund (NSSF), Hassan wanted the pensioner's fund to deposit Kshs 3 Billion so that they can all loot it. Thieves who have no honor or shame.
And because Francis Atwoli can bribe journalists and host the former Prime Minister at Worker's Prayer Days, he is allowed to walk scot-free and heckle as much as he wants on TV, as if he's some god of sorts. Any purge that gets rid of Mohammed Hassan should also get rid of Francis Atwoli.
We are also informed that today's board meeting resolved to sack all staffers allied to the former Managing Director including the current acting MD, paving way for a competitive recruitment process for the new MD.
Kenya is rotten to the core, but we should all not give up on it. You too can make change in your own small way.