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LAST UPDATE: 24/9/2008 - 5:58PM EAT

Monday, September 8, 2008

Sacked BoT officials set for court battle

By Bernard James

The Bank of Tanzania (BoT) could face legal suits running into billions of shillings over the External Payments Arrears (EPA) scandal, The Citizen can reveal.

Senior BoT officials sacked this year over the embezzlement of Sh133 billion from the bank's EPA account are challenging their dismissal.
They were removed from their posts over irregular payments to 22 companies in what has turned out to be a major scandal that has rocked President Jakaya Kikwete's government. Five top officials have been affected in the purge. More...


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