NJOROGE pretends to be innocent but he is the one covering WAIGURU’s mess - ALAIEditor's Choice, News, Politics 00:00
.... lid on the true extent of the fraud. yes! Ksh 791million were transacted at Family Bank, but what about the other 14 banks?
The Star - October 12th
"At least Sh695 million stolen from the National Youth Service may have been wired through the Guaranty Trust Bank, fresh evidence show."
Goes on to add
"Kenyans could have lost more than Sh3 billion in the scandal and not the Sh791 million."
Sidian Bank (associated with Lawyer Donald Kipkorir and Former VP Moody Awori's Family) told the National Assembly Public Accounts Committee (on October 13th) investigating the massive fraud that they transacted money ranging from Sh10 million to Sh50 million belonging to key suspects Josephine Kabura and John Kago Ndung’u, through an account held by Ogola and Company Advocates.
In the whole quest to streamline Kenyan banks, there is no serious mention of what action has been taken against CBK officials who overlooked the NYS fraud or who were complicit in it. It's also worth noting that the addition of zero to LPO values happened at CBK and not at any of the banks.
What action was taken against the CBK officials? What about those CBK officials who presided over the fall of Imperial, Dubai and Chase Banks? What happened to them? Nobody in the Supervision department of CBK was held to account? When will BFIU boss, Mugwanja, be charged in court?