Seven banks under investigation for facilitating NYS scandal

For all the money to be lost, there were transactions, and banks to facilitate them. There are seven Kenyan banks which have been accused of laundering the money looted in the NYS scam. Central Bank Governor Patrick Njoroge confirmed that there are banks that are to be held liable, but declined to either confirm the number or name the lenders under the investigation radar. He says the CBK is allowing the Directorate of Criminal Investigations to conclude investigations before deciding on the next course of action.