Monday, November 25, 2024

Kenya to investigate banks over $100 million corruption case

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Isaac Kaledzihttps://en.wikipedia.org/wiki/Isaac_Kaledzi
Isaac Kaledzi is an experienced and award winning journalist from Ghana. He has worked for several media brands both in Ghana and on the International scene. Isaac Kaledzi is currently serving as an African Correspondent for DW.

Local banks in Kenya are to be investigated following reports that some $100 million of state funds stolen through fictitious means were held in bank accounts.

54 people most of whom are civil servants were charged on Monday by Kenyan authorities in an investigation into the theft case.

The head of the country’s National Youth Service, Richard Ndubai is among those arrested and charged and now faces prosecution over allegations of engaging in the stealing of pubic funds, according to Kenya’s chief prosecutor.

Over 400 public officials have been questioned by Kenyan investigators with the head of Kenya’s criminal investigations directorate, George Kinoti, saying last week that the funds were stolen through fictitious invoices, and multiple payments on one supplier invoice.

Local media reported that Richard Ndubai and other unidentified people were sent to a police station in the Nairobi neighbourhood of Muthaiga on Monday for questioning.

The National Youth Service is a state agency that is focused on developing the skills of young people and helping to create jobs for the jobless youth.

This is another major theft case involving the agency following a previous scam case at the same agency back in 2015.

Kenya’s President, Uhuru Kenyatta has promised to deal with corruption when he was first elected in 2013 but has faced criticisms of acting slowing in dealing with graft.

 

Source: Africafeeds.com

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