[kictanet] Bloggers and Social Media are not to blame for the Chase Bank crisis

[Grace Mutung'u (Bomu)]

Thank you Wamathai. We expect that there shall be more focus on the role of
social media in governance and freedom of expression vis a vis public
interest in the coming days.
Hope there can be some direction on how to treat this issue with fairness
to all and with regard to the Constitution.
Regards,
Tarehe 9 Apr 2016 13:27, "James Wamathai via kictanet" <
kictanet at lists.kictanet.or.ke> aliandika:

>
> http://www.blog.bake.co.ke/2016/04/09/bloggers-and-social-media-are-not-to-blame-for-the-chase-bank-crisis/
>
> "The continuous and sustained efforts to blame bloggers for the financial
> turmoil at Chase Bank cannot continue unabated. A statement from the
> Central Bank of Kenya (CBK) blamed bloggers stating “Chase Bank Limited
> experienced liquidity difficulties, following inaccurate social media
> reports and the stepping aside of two of its directors.”
>
> Nothing can be further from the truth. Chase Bank was put under
> receivership on 7th April, 2016 for liquidity challenges due to lack of
> integrity by the management. None of the top directors; the Chairman and
> the Chief Executive are bloggers. No blogger or social media user was the
> recipient of the huge loans the directors and staff of the bank gave
> themselves, against banking regulations."
>
>
>
>
>
> _______________________________________________
> kictanet mailing list
> kictanet at lists.kictanet.or.ke
> https://lists.kictanet.or.ke/mailman/listinfo/kictanet
>
> Unsubscribe or change your options at
> https://lists.kictanet.or.ke/mailman/options/kictanet/nmutungu%40gmail.com
>
> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
> for people and institutions interested and involved in ICT policy and
> regulation. The network aims to act as a catalyst for reform in the ICT
> sector in support of the national aim of ICT enabled growth and development.
>
> KICTANetiquette : Adhere to the same standards of acceptable behaviors
> online that you follow in real life: respect people's times and bandwidth,
> share knowledge, don't flame or abuse or personalize, respect privacy, do
> not spam, do not market your wares or qualifications.
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://lists.kictanet.or.ke/pipermail/kictanet/attachments/20160409/c31cde5a/attachment.htm>