prof ndung news
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MPs want team formed to probe Ndung'u over bank
Nairobi :: Kenya | 4 months ago
Credibility
A parliamentary committee on Wednesday asked President Kibaki to appoint a tribunal to investigate Central Bank Governor Njuguna Ndung'u following his failure to re-open Charterhouse Bank. The lawmakers appear to have taken a ministerial directive to
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MPs must not use privilege to torment others
Nairobi :: Kenya | 8 months ago
Credibility
Rating In Summary Given the spate of controversies in which Mr Kimunya and Prof Ndung'u have been cited, Ikolomani MP Boni Khalwale must have thought that, if he used the chamber to pour additional bilge water on the minister and the governor, his
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Kimunya, Ndung'u survive House censure over De La Rue saga
Nairobi :: Kenya | 9 months ago
Credibility
Rating In Summary Transport minister Amos Kimunya and Central Bank Governor Njuguna Ndung'u survived censure in Parliament after MPs threw out a watchdog team report that had indicted them over a Sh1.8 billion loss in a controversial money-printing
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Kimunya, CBK boss 'should leave office'
Nairobi :: Kenya | 9 months ago
Credibility
Rating In Summary PAC chairman says Mr Kimunya connived with the CBK Governor to cancel a cheaper contract. Prof Ndung'u rejected expert advice from CBK economists not to cancel the contract and go for short-term deals. Transport minister Amos
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Kimunya used Kibaki's name in De La Rue deal
Mombasa :: Kenya | 10 months ago
Credibility
Rating In Summary Public Accounts Committee report says the President denied ever telling the then Finance minister to stop the launch of new generation currency in 2007 in a meeting with Jacinta Mwatela, who was acting CBK governor Cabinet minister
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Minister and Governor ignored advice, leading to Sh1.8bn loss: PAC
Nairobi :: Kenya | 10 months ago
Credibility
Rating Transport Minister Amos Kimunya and Central Bank Governor Njuguna Ndung'u have to take the blame for the Sh1.8 billion loss that the public suffered following the cancellation of a cheaper money-printing contract. The Public Accounts Committee
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Kimunya, CBK boss blamed over De La Rue deal
Tripoli :: Libya | 10 months ago
Credibility
Rating A powerful parliamentary committee has indicted Transport minister Amos Kimunya and Central Bank Governor Njuguna Ndung'u over the loss of Sh1.8 billion over the procurement of money-printing services. In a report tabled Wednesday in the House
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Bank rate increased ‘to stabilise the shilling’
Nairobi :: Kenya | 2 years ago
Credibility
Rating Central Bank of Kenya has said that tightening the monetary policy by raising its bank rate to six per cent would stabilise the shilling and tackle inflation as the economy faces domestic and external shocks. The Central Bank Rate or bank rate
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