Family Bank Accused Of Authoring Fake Report To Ouster Ex-CCO, Says They Ruined His Life
Former Family Bank Chief Commercial Officer Kenneth Kaniu has asked the High Court to award him Sh717 million, claiming the lender ruined his career after allegedly authoring a damning report before kicking him out.
In his case before Justice Lawrence Mugambi, Kaniu narrates that he was hired by the lender on December 24, 2021, following a rigorous exercise that involved a background check by Deloitte and Touché.
Further, the appointment was subject to the Central Bank of Kenya (CBK) clearing him after another vetting and background check.
According to his court papers filed by Echesa Bwire Advocates, CBK gave him a clean bill of health. Before Family Bank, Kaniu worked with Britam Asset Managers (BAM), a subsidiary of the Britam Insurance for six years as CEO.
He states that BAM was p...
