Eric Kotut is a Kenyan businessman who was the fourth

Central Bank A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the mo ...

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 is the country's longest-serving president to date. Moi previously served as the thi ...

, 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 total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance o ...

. He succeeded in having his name struck out of the Bosire Report 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, 2010 as part of the Kenyan Judiciary. It also has supervisory jurisdiction over all ...

in 2008.

References

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