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Sat, Jul 11 • Nairobi

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Politics

Consolidated Bank’s Insiders Feasted On 67pc Of Core Capital While Depositors’ Money Bled Into Negative Territory

▶ Kenya Insights Jul 11, 2026 2h ago 👁 3 views

Consolidated Bank’s Insiders Feasted On 67pc Of Core Capital While Depositors’ Money Bled Into Negative Territory

📋 Article Summary

81 words

A damning Auditor-General review has torn the cover off Consolidated Bank of Kenya, a state-owned lender that was technically insolvent on regulatory capital measures, exposing how its own directors, associates and employees kept extracting insider loans far beyond legal limits… A damning Auditor-General review has torn the cover off Consolidated Bank of Kenya, a state-owned lender that was technically insolvent on regulatory capital measures, exposing how its own directors, associates and employees kept extracting insider loans far beyond legal limits…

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