Central Banking

CBK's Mullei asked to leave office

Kenya's central bank governor has formally been asked to step down until a corruption case against him is decided, the government said on Thursday 30 March.

Governor Andrew Mullei on March 23 was charged with four accounts of abuse of office for awarding lucrative consultancies to his son and three associates, without following proper procedure. He denied all the charges, which will be heard at the June 8 trial.

"He is being asked to go on leave until the court case is over. He's not being fire

To continue reading...