Eric Kotut is a Kenyan businessman who was the fourth

Central Bank A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a centra ...

governor, holding office from 1988 to 1993. He was appointed to the position because of his father's relationship with the then president of Kenya,

Daniel arap Moi Daniel Toroitich arap Moi ( ; 2 September 1924 – 4 February 2020) was a Kenyan politician who served as the second president of Kenya from 1978 to 2002. He was the country's longest-serving president. Moi previously served as the third vice ...

, as they went to the same church. He presided over the

Goldenberg scandal The Goldenberg scandal was a political scandal where the Kenyan government was found to have subsidised exports of gold far beyond standard arrangements during the 1990s, by paying the company Goldenberg International 35% more (in Kenyan shilling ...

that cost Kenya more than 10% of its annual

GDP Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is of ...

. He succeeded in having his name struck out of the

Bosire Report The Goldenberg scandal was a political scandal where the Kenyan government was found to have subsidised exports of gold far beyond standard arrangements during the 1990s, by paying the company Goldenberg International 35% more (in Kenyan shillin ...

on the Goldenberg scandal by the

High Court of Kenya The High Court of Kenya is a court of unlimited original jurisdiction in criminal and civil matters established under article 165 of the constitution of Kenya The Constitution of Kenya is the supreme lawof the Republic of Kenya. There have ...

in 2008.

References

Governors of the Central Bank of Kenya Kenyan businesspeople Living people Year of birth missing (living people) {{Africa-business-bio-stub