The Office of the Director of Public Prosecutions (ODPP) will start prosecuting bank managers who allowed NYS suspects to withdraw big cash against Central Bank rules.
The 8 former Family Bank bosses were arraigned in court with charges pertaining to the money laundering of Ksh 1.6billion in the NYS loot.
The transactions involved prime suspect Josphine Kabura who allegedly withdrew Ksh50 million at a go.
[caption caption="Josphine Kabura appearing before a parliamentary committee"]
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According to the Central Bank of Kenya (CBK) regulations, the managers are supposed to report the withdrawal of more than Ksh 1million but they never did.
The graft case was initially filed and prosecuted during Keriako Tobiko's tenure as the Director of Public Prosecutions.
In May, DPP Noordin Haji was kicked out of the court discussions after the bank's lawyer Waweru Gatonye requested for more time to deliberate on the case.
Haji has also overruled an easier decision to have an out-of-court settlement with some of the suspects.
Speaking exclusively to Kenyans.co.ke, the DPP stated that he can neither deny nor confirm about the revival of the case.
“Official commutation about the case will be out in due time, meanwhile keep checking our Twitter page for updates,” he remarked.
The eight are Robert Oscar Nyaga, Josephine Njeri Waira, Martin Kagiri, Meldon Onyango, Nancy Njambi, John King'ori, Peter Munyiri and Charles Kamau.
[caption caption="Former Family bank officials James Munyiri, Robert Nyagah, Charles Thiongo on the dock at the Milimani Commercial Court."]
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