Saturday August 31, 2019-Director of Criminal Investigations (DCI), George Kinoti, has begun investigating former Kenya Airways Managing Director, Titus Naikuni, over the loss of Sh 100 billion during his tenure as MD.
Naikuni served as KQ MD between year 2003 and 2014 and during that time the company went for losses totaling to Sh 100 billion.
Now Kinoti with a host of sleuths from his office want explanation from Naikuni and other managers on how the state run firm went for such unprecedented loss.
“We are on this matter. We are working to unravel the looting that went on there,"Kinoti told journalists on Friday.
Forensic experts have already been deployed to comb through a mountain of company records and contracts with suppliers.
The scope of the investigation includes verifying whether KQ staff were complicit in a global money-laundering ring.
The police suspect the money from the scheme could have financed terrorism in the region.
The Kenyan DAILY POST