The Director of Public Prosecution Noordin Haji, on Wednesday, asked the court to slap NHIF CEO Geoffrey Mwangi and Finance Director Wilbert Kurgat with a Kshs50 million bond.
However, they were released on a Kshs1 million bond or a Kshs 500,000 cash bail against Haji’s wishes.
The two were also asked to deposit their passports with the courts and ordered to co-operate with investigators probing the loss of hundreds of millions of shillings at the fund.
They had been in custody for five days following their arrest for allegedly conspiring to defeat justice by denying investigators access to documents.
Even as they enjoy their freedom, Mwangi and Kurgat have been sent on compulsory leave from the insurer and have had their names removed as signatories to the firm’s accounts.
The board appointed Nicodemus Odongo as the new acting Chief Executive Officer.
Kurgat was replaced by Benard Njenga, who is currently holding the position of Manager, Management Accounting.
On Tuesday, a Nairobi court rejected an application to block their prosecution over alleged misappropriation of funds at the corporation.
It emerged that the CEO had sent text messages instructing his Finance Director not to supply investigating authorities with financial documents that were crucial to the probe.
“Do not give them. Tell them you are looking for them … they give you time. And they need to inform me. Actually, tell them they took them,” read the SMS from the Mwangi.
