Tag: Kenya

Nairobi: Insider Trading Prosecution of Former Kenya Commercial Bank Executive Begins Thursday

In Nairobi, former Kenya Commercial Bank managing director Terry Davidson is being charged with insider trading in Uchumi Supermarket shares.  His hearing starts on Thursday, according to Business Daily Africa. BDA reports that Mr. Davidson is facing four counts of insider trading in the supermarket retail chain, and is accused of instructing Suntra Investment Bank to buy for him 664,899…

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