Former Nairobi Governor Evans Kidero is facing a new probe alongside nine other officials in his administration over the suspected loss of at least Sh7.8 Billion at City Hall.
The Financial Reporting Center (FRC) has flagged multiple transactions by the officials as suspicious dealings done during Dr Kidero’s tenure between April 2014 and August 2017.
FRC has written to the Directorate of Criminal Investigations (DCI) and the Ethics and Anti-Corruption Commission (EACC) to have fresh investigations into the suspected embezzlement of funds.
[caption caption="Former Nairobi Governor Evans Kidero at City Hall (PHOTO/Twitter)"]
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Kidero, nine county officials, directors of flour pharmaceutical companies and a host of bank officials are to be investigated for transactions involving the movement of Sh7,761,474,162.38.
According to the Standard, the withdrawals were done in large amounts in a structured manner.
Some of the accounts used were reported to have been abandoned or closed after the deals in violation of the Public Finance Management Act.
Eight of the officials were suspended from City hall while Governor Sonko retained one as Chief of Staff.
The investigating agency report states that: The cash withdrawals were subjected to ‘transfer charges’ of Sh550 or Sh660, especially cash transactions from account number 0810271586663. This is seen as a strategy to camouflage transactions in order to make them appear as funds transfer.”
Both EACC and the DCI confirmed to the dailies that they had indeed received the letter from the investigating agency.
On Sunday, ACC Spokesman Yasin Amaro confined: “I can confirm that EACC received the report from FRC and commenced investigations immediately. However, I can’t share details of the probe.”
[caption caption="Integrity Center, houses EACC offices "]
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