Uhuru Kenyatta’s NCBA Deal Scandal: Tax Exemption Controversy Explained
The 2019 merger between NIC Bank and Commercial Bank of Africa (CBA) to form NCBA Group was a landmark deal in Kenya’s banking sector. However, the exemption from stamp duty granted by then-Treasury CS Henry Rotich has returned to haunt former President Uhuru Kenyatta, with Kenya Kwanza leaders now accusing him of tax evasion and … Read more