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"content": "In the case of Charterhouse Bank, there was going to be a run on the deposits due to bad publicity. Therefore, the CBK had to step in to preserve the deposits and preserve the integrity of the banking industry. Mr. Deputy Speaker, Sir, what I am now informing this House is that the report was only brought to my attention about a week ago. That is what was tabled here in the House. I promise that I am going to have a look at that report and then come back to the Committee and find out whether there is any issue that I need to take up. But I am not aware of any court order that has instructed the Central Bank of Kenya (CBK) to open Charterhouse Bank. That is because if there is a court order instructing that the bank should be opened, it should be opened. The Government believes in the rule of law. We believe in following the judgements of our Judiciary. We have no intention of ignoring any court judgement."
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