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Kenya:
KBA Unveils New Guide to Curb Internal Bank Fraud
The Star, 2 December 2015
Kenya Bankers Association has developed a new set of rules to help its members improve internal monitoring to enhance protection of deposits. Read more »
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Kenya:
Wanted Dubai Bank Directors Appear for Hearing
The Star, 3 December 2015
Dubai Bank directors got a reprieve yesterday after a magistrate lifted warrants for their arrest over alleged money laundering. Read more »
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Kenya:
Dubai Bank Boss Seeks to Block Charges
The Star, 26 November 2015
Dubai Bank chairman Hassan Zubedi has urged the High Court to set aside a decision by the Director of Public Prosecutions to have him charged with money laundering. Read more »
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Kenya:
Arrest Warrants for Five Dubai Bank Directors
The Star, 21 November 2015
A Nairobi court has issued arrest warrants for five directors of Dubai Bank in a case in which they are accused of money laundering. Read more »
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Kenya:
Arrest Warrants Issued for Dubai Bank Officials
Capital FM, 20 November 2015
Warrants of arrest have been issued against five Dubai Bank Kenya officials suspected of fraud after they failed to honour court summons. Read more »
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Kenya:
Warrants of Arrest Issued Against Dubai Bank Directors
Nation, 20 November 2015
A Nairobi court has issued warrants of arrest against the directors of Dubai Bank in a case in which they are accused of money laundering. Read more »
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Kenya:
Warrants of Arrest Issued Against Five Dubai Bank Managers
The Star, 20 November 2015
Warrants of arrest have been issued against five Dubai Bank managers over allegations of money laundering. Read more »
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Kenya:
Questions Raised as Dubai Bank's Clients Fail to Claim Deposits
Nation, 11 November 2015
Questions were raised on Tuesday on the true identity and authenticity of Dubai Bank customers as 7,200 depositors failed to turn up to claim their deposits. Read more »
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Kenya:
CBK to Conduct Audit of All Banks - Governor
Capital FM, 10 November 2015
The Central Bank of Kenya will conduct a thorough audit of all banks to ensure correct information is given to the public. Read more »
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Kenya:
Dubai Bank Loses Suit to Block Lawyer From Case
The Star, 16 October 2015
A High Court judge has declined to stop a lawyer from appearing in a case seeking to stop liquidation of Dubai Bank. Read more »
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Kenya:
Dubai Bank Liquidation Still Goes On
The Star, 10 October 2015
The liquidation process of Dubai Bank of Kenya will continue as there is no order stopping it. Read more »
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Kenya:
Depositor Sues Against Dubai Bank Liquidation
The Star, 9 October 2015
A depositor is seeking to block the liquidation of Dubai Bank of Kenya. Read more »
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Kenya:
Dubai Bank's Payout Claims Low - Receiver
The Star, 27 September 2015
DUBAI Bank liquidator Kenya Deposit Insurance Corporation on Friday said it had only paid out Sh20 million compensation so far to 300 depositors. Read more »
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Kenya:
Dubai Client Hits at CBK Over Its Closure
The Star, 5 October 2015
The ongoing liquidation of the collapsed Dubai Bank has taken a twist after a depositor moved to court last Friday seeking orders to stop its closure. Read more »
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Kenya:
KDIC Ready for Dubai Payout
The Star, 5 September 2015
Depositors with collapsed Dubai Bank will from Monday start getting compensation of up to Sh100,000 as provided in the law, the liquidator announced on Friday. Read more »
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Kenya:
More Pain for Depositors of Collapsed Dubai Bank
Nation, 25 August 2015
Depositors with over Sh100,000 held in the collapsed Dubai Bank will have to wait for at least a year to get their money. Read more »
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East Africa:
Central Bank of Kenya Names Liquidator for Dubai Bank
East African, 24 August 2015
Kenya's Dubai Bank has been placed under liquidation, barely ten days after it was placed under receivership. Read more »
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Kenya:
CBK Orders Liquidation of Dubai Bank
Capital FM, 24 August 2015
The Central Bank of Kenya (CBK) has given the go-ahead for the closure of Dubai Bank Kenya and appointed Kenya Deposit Insurance Corporation (KDIC) as the liquidator as per the… Read more »