Eric Kotut is a Kenyan businessman who was the fourth Central Bank governor, holding office from 1988 to 1993.[1]
He was appointed to the position because of his father's relationship with the then president of Kenya, Daniel arap Moi, as they went to the same church.[2]
He presided over the Goldenberg scandal that cost Kenya more than 10% of its annual GDP.[3] He succeeded in having his name struck out of the Bosire Report on the Goldenberg scandal by the High Court of Kenya in 2008.
References
edit- ^ "Governors". Central Bank of Kenya. Retrieved 12 February 2020.
- "Jinxed: CBK governor post which has caused past holders untold grief". The East African. 5 December 2016. Retrieved 12 February 2020. - ^ "How Moi rewarded those who paved his road to power". People Daily. 10 February 2020. Retrieved 12 February 2020.
- ^ Luis Franceschi (21 November 2019). "A history of state capture in Kenya: The Goldenberg scandal". Daily Nation. Retrieved 12 February 2020.
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