Sharp Daily
No Result
View All Result
Friday, March 13, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Ezra Chiloba resigns as CAK director-general amid abuse of office claims

Brian Murimi by Brian Murimi
October 19, 2023
in News
Reading Time: 2 mins read

The head of Kenya’s telecommunications regulator resigned Thursday after being suspended last month over findings he improperly acquired and mismanaged millions in mortgage loans.

Ezra Chiloba stepped down as director general of the Communications Authority of Kenya having served since 2021.

“The Board of Directors of the Communications Authority of Kenya (CA) has this morning, 19th October 2023, accepted the resignation of Mr. Ezra Chiloba as the Director General. Mr. Chiloba resigned yesterday, 18″ October 2023, in a letter to the Chairperson of the CA Board, Ms. Mary Mungai,” read a press release from CA.

Chiloba was suspended in September following a damning audit that revealed “impropriety and gross misconduct” in the acquisition of a KES 25 million Kenyan mortgage loan to purchase a seven-acre residential property. The loan exceeded program limits and was self-approved by Chiloba without proper disclosure of his relationship to the seller, according to the audit report.

RELATEDPOSTS

Kenya’s telecoms face stricter quality rules as authority moves to raise standards to 90 percent

January 14, 2026

CAK greenlights Ramco Inc.’s sole ownership of Ramco Plexus

October 31, 2024

Read more: Revealed: The scandal behind CAK chief Ezra Chiloba’s suspension

“As the accounting officer there was gross misconduct of the process to acquire a mortgage for himself,” the audit by CA’s Board Audit and Risk Assurance Committee stated last month.

Chiloba directed the money to his own holding company and colluded with staff to hide details and bypass approval protocols, the audit found. His actions likely violated anti-corruption laws, it concluded.

“This is reasonably construed to be demonstrative of an intent to defraud the authority through a clear conflict of interest transaction,” audit committee chair Jacob Simiyu said at the time.

Chiloba, appointed in 2021, is the latest high-ranking Kenyan official out of office over graft allegations as the government vows to crack down on endemic corruption.

President William Ruto has repeatedly pledged to ensure transparency and accountability.

The CA regulates Kenya’s communications sector and manages frequency spectrum for broadcast and telecom services. Chiloba formerly headed Kenya’s elections commission.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Bolt adjusts fare prices upwards to aid drivers amid high fuel costs

Next Post

Day trading demystified: The power of patience versus quick gains

Brian Murimi

Brian Murimi

Brian Murimi is a communications and advocacy professional with a focus on innovation, policy and continental development in Africa. A former journalist, he now works at the intersection of knowledge, strategy, and pan-African institution building.

Related Posts

News

Kenya’s renewed turn to Chinese loans signals a new phase in infrastructure financing

March 12, 2026
News

From the Strait of Hormuz to Nairobi: How the Iran-Israel-U.S. War Could Reshape Oil Prices, Trade and Inflation

March 12, 2026
News

KIICO 2026 and the growing focus on investment opportunities

March 12, 2026
News

Kenya’s 2026 investment outlook: KIICO and the capital market revival

March 12, 2026
News

Rostam Azizi moves to acquire controlling stake in nation media group

March 11, 2026
News

Fake degree crackdown: over 500 civil servants implicated in certificate fraud

March 11, 2026

LATEST STORIES

Kenya’s renewed turn to Chinese loans signals a new phase in infrastructure financing

March 12, 2026

From the Strait of Hormuz to Nairobi: How the Iran-Israel-U.S. War Could Reshape Oil Prices, Trade and Inflation

March 12, 2026

KIICO 2026 and the growing focus on investment opportunities

March 12, 2026

Kenya’s 2026 investment outlook: KIICO and the capital market revival

March 12, 2026

Rostam Azizi moves to acquire controlling stake in nation media group

March 11, 2026

Fake degree crackdown: over 500 civil servants implicated in certificate fraud

March 11, 2026

Understanding pensions and their role in financial security

March 11, 2026

Understanding equities in modern financial markets

March 11, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024