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.

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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.