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The Euro Bank Scandal is a scandal that in February 2003, caused a political storm in Kenya after the collapse of Nairobi Based Euro Bank. [1] This resulted in a loss of 1.4bn Kenyan shillings (£11.6m; $18m) which state organisations had deposited in the Bank.
The country ranks 56 among 190 economies globally on World Bank's Ease of Doing Business Index 2019. The public procurement sector in Kenya suffers widespread corruption and is the leading form of graft in the public service and always at the centre of all major corruption scandals.
www .standardmedia .co .ke. The Standard is one of the largest newspapers in Kenya with a 48% market share. It is the oldest newspaper in the country and is owned by The Standard Group, which also runs the Kenya Television Network (KTN), Radio Maisha, The Nairobian (a weekly tabloid), KTN News and Standard Digital which is its online platform.
Bank robbery is commonly associated with the American Old West due to a few infamous examples and portrayal in fiction. The Foundation for Economic Education (FEE) in their research, found the scene of the Western bank-robbery to be generally a myth, identifying less than 10 definite bank robberies between 1859 and 1900 across 15 frontier states.
On the weekend of 30 April – 1 May 1977 a bank robbery took place at the Standard Bank in Krugersdorp, South Africa. The robbers gained access to the bank vault by digging a tunnel underneath the building. Over R 400,000 (equivalent to over R 19.5 million in 2018) was stolen in the robbery.
Perpetrators. Jan-Erik Olsson and Clark Olofsson. The Norrmalmstorg robbery was a bank robbery and hostage crisis that occurred at the Norrmalmstorg Square in Stockholm, Sweden, in August 1973 and was the first crime in Sweden to be covered by live television. It is best known as the origin of the term Stockholm syndrome.
KSh 32.4 billion (2013) [3] Website. www .stanbicbank .co .ke. Stanbic Holdings Plc, formerly known as CfC Stanbic Holdings Limited, is a financial services organization in Kenya. The Group's headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya and South Sudan. Stanbic Holdings is a member of the Standard Bank Group, a ...
It is one of the leading newspapers in Kenya. Market share. The Daily Nation and its Sunday edition paper Sunday Nation had a market share of 53% in 2011. Their market share was 74% in 2013. One of their main competitors in 2014 was The Standard, published by the Standard Group. Affiliated newspapers. The Saturday Nation