<p dir="ltr">I think people should embrace social media rather than complain about it. Social media is part of us and nobody has control regrading what it will spew out there the next minute. I can only compare it to a natural phenomena like earthquake.</p>
<p dir="ltr">What organisations need to do is put their act together because we are now in the days foretold by the good book when "everything hidden will come out to light"</p>
<p dir="ltr">Rgds,<br>
James Kagwe</p>
<div class="gmail_quote">On Apr 9, 2016 1:28 PM, "James Wamathai via kictanet" <<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>> wrote:<br type="attribution"><blockquote class="quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div dir="ltr"><a href="http://www.blog.bake.co.ke/2016/04/09/bloggers-and-social-media-are-not-to-blame-for-the-chase-bank-crisis/" target="_blank">http://www.blog.bake.co.ke/2016/04/09/bloggers-and-social-media-are-not-to-blame-for-the-chase-bank-crisis/</a><br><br>"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.”<br><br>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."<br><br><br><br><br></div>
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