'Malicious Comments' on WhatsApp Blamed for Kenyan Bank Woes

#KOT, or Kenyans on Twitter, are being blamed for a run on deposits that resulted in Chase Bank Kenya Ltd. being placed under creditor protection by the East African country’s regulators. Central Bank of Kenya Governor Patrick Njoroge said “malicious comments” on social networks including WhatsApp Inc. were part of the reason the lender was placed under receivership.