Kibwezi West MP Patrick Musimba Detained over Sh1 Billion Theft

Kibwezi West MP Patrick Musimba Detained over Sh1 Billion Theft

Kibwezi West Member of Parliament Patrick Musimba was on Monday arraigned in court and charged with conspiracy to steal Sh1.15 billion from collapsed Chase Bank.

Musimba was charged before Magistrate Hellen Okwany alongside his wife Angela and three others. The MP and his co-accused denied the charges and were detained until Thursday when the court will hear and determine their application for bail. They will be held at Kileleshwa Police Station.

In their submissions, the prosecution urged the judge not to release the suspects on bail, arguing that the accused persons are likely to influence investigations.

Other suspects charged along the MP include former Chase Bank Managing Director Duncan Kabui, former General Manager, Corporate Credit James Mwaura Mwenja and former General Manager of Finance Makarios Omondi Agumbi.

Former Chase Bank Chairman Mohamed Zafrulla, who was charged in the same case, was freed on a Sh2 million cash bail pending trial.

They were charged with four counts of conspiracy to defraud, stealing and money laundering.

The accused allegedly conspired to defraud Chase Bank by irregularly disbursing Sh1.15 billion to two companies; Porting Access Limited and Itecs Limited between January 23rd, 2015 and March 31st, 2016.

They are accused of making cash transfers without following the laid out payment processes under the bank’s Finance Policy.
 

Comments

Imara Halisi (not verified)     Mon, 09/17/2018 @ 03:22pm

Huyu ndugu yetu anafuata nyayo za Uhuru na Ruto. Kabla hajapelekwa mahakmani, yafaa viongozi hawa wawili washikwe halafu watuambie walipatapataje utajiri huu walio nao na huku umri wao ni chini ya miaka sitini.

Aliyepanda mbegu ya ufisadi katika nchi ya Kenya kwanza alikuwa Mwingereza halafu kiongozi wa kwanza Mwafrika wa Kenya akafuata nyayo za Waingereza.

Waingereza ni waongo, wauaji, wezi, wenye kiburi - arrogance. Lakini, kitu kimoja kikubwa ambacho pia ni kibaya walichofanyia dunia nzima ni kuua lugha za Kiasili na kupeperusha bendera duniani kote ya Lugha ya Kiingereza. Lugha yako inapokufa, tayari wewe pia hufa! Imani ya mababu yako inapokufa, wewe pia hufa.

D. Mwose (not verified)     Mon, 09/17/2018 @ 04:42pm

Hatu huyu musimba hana haibu vile tu anamshurutisha bibi yake kwa ufisadi namna hii hii. Sasa nani atakula hio pesa kama mtafungwa bwana na bibi. My brother you are not very smart. Hata sifahamu ilikuwa aje huchanguliwe Gavana wa huko kwetu. Fukara ya mbogo wewe.

D. Mwose (not verified)     Mon, 09/17/2018 @ 04:54pm

Sasa wewe Musimba namnagani wewe, unamshurutisa bibi yako kwa ufisadi na hii. Nani attakula hio mapesa kama mtafungwa bwana na bibi. Sasa wewe ni ujinga gani huu. inaonekana mbogo ni kasoro, hatasifahamu ilikuwa aje huchaguliwe mjumbe wa huko kwetu. Fukara ya akili wewe. Bure kabisa

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