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KCB - Fake Accounts?
Cde Monomotapa
#21 Posted : Friday, March 04, 2011 8:03:49 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
@passive.do u ever go through the financials of these Co.s esp.banks?they make provisions for bad loans all the time. KCB has a loan book of over 120B. 630M is small potatoes on a % basis.
jerry
#22 Posted : Friday, March 04, 2011 8:17:11 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
passiveinvestor wrote:
... a substantial sum claimed that remains under dispute?

How much r we talking about? When do u intend to be active @passive?
The opposite of courage is not cowardice, it's conformity.
QD
#23 Posted : Friday, March 04, 2011 9:43:00 AM
Rank: Member


Joined: 8/5/2009
Posts: 597
Having read the links provided by @Mali there is no indication/link to the KCB accounting procedures or even contest of cooked financial reporting. But a litigation that at any given time happens in the life of a company.

Hata kama ni Wapizza this is irresponsible attack on KCB.
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
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