Charter House Bank: A Money Laundering Machine

The first alarm went off in 2001 when a request by the Central Bank of Kenya (CBK) to the Charter House Bank (CHB) asking for full details about a US$20 million transaction was ignored. The second alarm came in 2004, after an internal auditor at CHB blew the whistle over alleged malpractices. A third and … Continue reading Charter House Bank: A Money Laundering Machine