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Kenya to Jail Bankers Guilty of Wrongdoing After Failures

  • Central bank governor wants offenders put behind bars
  • Three Kenyan banks have been seized by regulators since August
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Kenya’s central bank wants bankers found guilty of any wrongdoing jailed, after three lenders in East Africa’s biggest economy collapsed in the past nine months.

“If people did the wrong things they should be held accountable,” Governor Patrick Njoroge said Thursday in an interview at the World Economic Forum in Kigali, the Rwandan capital. “We are going to take them to a court of law. Put them behind bars.”