As central bank deputy governor Louis Kasekkende yesterday announced to government takeover of Tropical Bank, Energy Minister Hillary Onek broke the news that Libya could lose a multi-million dollar deal to build the planned oil pipeline from Eldoret to Kampala.
“We have relieved of duty the Libyan Investment bank-appointed general manager and other senior staff, and now Prince Kassim Nakibinge becomes the bank’s general manager as we appoint a new board,” Kasekkende announced.
At