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Eric Kotut

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Eric Kotut is a Kenyan businessman who was the fourth Central Bank Governor holding office from 1988 to 1993.[1][2]

He was appointed to the position because of his fathers relationship with the then President of Kenya Daniel arap Moi, as they went to the same church.[3]

He presided over the Goldenberg scandal that cost Kenya more than 10% of its annual GDP.[4] He succeeded in getting his name struck out of the Bosire Report on the Goldenberg scandal by the High Court of Kenya in 2008.

References

  1. ^ "Governors | CBK". www.centralbank.go.ke. Retrieved 2020-02-12.
  2. ^ "CBK governor position seems a poisoned chalice". The East African. Retrieved 2020-02-12.
  3. ^ "How Moi rewarded those who paved his road to power". People Daily. 2020-02-09. Retrieved 2020-02-12.
  4. ^ "A history of state capture in Kenya: The Goldenberg scandal". Daily Nation. Retrieved 2020-02-12.