A Kenyan bank has issued a statement regarding reports linking it to a Governor’s $50 million bank account.
Kenyan bank linked to Governor's $50 million account issues new statement
First Community Bank has come out clear on its association with Garissa governor's $50 million bank account.
First Community Bank (FCB) has now said that is not the source of a bank statement used to freeze the $50 million account that the Ethics and Anti-Corruption Commission (EACC) says belongs to Garissa governor Nathif Juma.
The lender has disowned reports that term it as the source of the bank statement and has promised to provide details to the EACC.
“FCB in keeping in keeping with the principle of ethical business practices will like to categorical state the bank statement that was put on social media is not true,” said the bank in a statement.
“FCB will fully co-operate and provide all the necessary documentation requested by the CEO of EACC on July 4.”
The EACC believes that the money held in Mr. Jama’s account in the bank’s South C branch in Nairobi was fraudulently transferred from the county government of Garissa.
Bank statements obtained by the EACC indicate a total of 32 deposits amounting to $23.5 million were made into the account between January 1, 2015, and May 20, 2016.
It further indicates that the account had a balance of $26.9 million carried forward from 2014, summing up the amount to $50 million.
Mr. Jama, who once served as the First Community Bank CEO, has on his part denied claims of pocketing the money terming the revelation as mere propaganda.
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