Monday, July 18, 2005

Poor Governance

For over a year, local tabloids have splashed stories about mismanagement at the Central Bank and various attempts to remove Governor Andrew Mullei. A Standard editorial has summarized the accusations including, among other things; maintenance of special pets owned by some high-ranking bank officials, special consultants being commissioned to perform on-site inspections of financial institutions at exorbitant rates, nepotism in the awarding of lucrative consultancies, and unnecessary foreign training trips.

3 comments:

john kamau said...

I had a meeting recently with Mulei on the same allegations and I think they are far far fetched! I have seen the original letter on this which was being given to every Tom and dick in nairobi and it is not even signed...and has no documentary evidence...I pity the guy who put it in print

bankelele said...

Did he discuss the long-running issue of consulantancies?
http://www.eastandard.net/archives/sunday/print/news.php?articleid=2233

daktari said...

good question bankelele

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