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June 6, 2025
1y ago

MPs Kick Out CBK Governor After Spotting Major Blunder

MPs Kick Out CBK Governor After Spotting Major Blunder

CBK Governor Kamau Thugge was sent away by MPs after they noticed flaws in his submission...

✨ Key Highlights

The Governor of the Central Bank of Kenya (CBK), Kamau Thugge, was dismissed by a parliamentary committee on June 5 for failing to provide necessary supporting documents during his presentation regarding ethnic diversity and job opportunities at the CBK.

  • Thugge's report was rejected due to missing annexes and unsigned documents.
  • He appeared before the National Assembly’s Committee on National Cohesion and Equal Opportunity, chaired by Aden Yussuf Haji.
  • The committee also sent away Paul Ngugi, CEO of the Geothermal Development Company, for similar documentation issues.

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Legal and Regulatory Actions in Kenya

MPs oust CBK Governor, court orders Treasury staff to repay fraudulent allowances, and EACC recovers land.

Court orders Treasury staff to refund millions earned through fraudulent allowances
Court orders Treasury staff to refund millions earned through fraudulent allowances

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EACC recovers grabbed Loresho water reservoir land valued at Sh400mn
EACC recovers grabbed Loresho water reservoir land valued at Sh400mn

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