Rwanda: BNR Orders Changes On Banque Populaire

16 February 2010

Kigali — Merely weeks after the arrest of Deputy CEO & Chief Network Officer of Banque Populaire du Rwanda (BPR), Dieudonné Murekezi, for alleged mismanagement of funds, the Central Bank (BNR) has now directed the bank to carry out certain changes.

Murekezi is said to have misled the bank and covered up for Nadine Mutabaruka, another bank official, who used to illegally advance loans to her family members.

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