Bank removed from NYS case after deal with DPP Haji

DPP Noordin Haji struck a deal with the bank

DPP Noordin Haji

Family Bank has been removed from the Sh1.6 billion National Youth Service (NYS) suit following a deal with the Director of Public Prosecution (DPP).

Appearing before Nairobi Chief Magistrate Francis Andayi, lawyers representing the bank told the court that DPP Noordin Haji had agreed to clear them of the money laundering charges.

Lawyers for the bank Waweru Gatonye and Cecil Miller told Magiatrate Andayi that they had met the DPP's conditions.

Deputy DPP Ms Dorcas Oduor confirmed the details adding that the ODPP was satisfied that the bank could not be held liable.

"I am not opposed the matter against the bank being marked as settled," she stated.

The Bank is a Separate entity from its Employees

Ms Oduor, however, opposed defense council's appeal to have employees of the bank exonerated as well.

"A bank is an entity which carries out its operations through its appointed agents who are required to observe the banking rules," she argued.

John King'ori and the bank's MD Peter Munyiri were charged with "failure to report suspicion regarding proceeds of crime" in the suit that involved Josephine Kabura.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

New Mama Margaret Kenyatta Hospital in Nairobi ready for Launch [Photos]

New Mama Margaret Kenyatta Hospital in Nairobi ready for Launch [Photos]

I survived but my friend didn't - Kabete survivor narrates ordeal

I survived but my friend didn't - Kabete survivor narrates ordeal

Nationwide Covid-19 vaccination awareness campaign launched

Nationwide Covid-19 vaccination awareness campaign launched

Raila endorses City politician Wangui Ng’ang’a for top leadership post

Raila endorses City politician Wangui Ng’ang’a for top leadership post

 Governor Ngilu mourns former Kitui first Lady Mama Edith Malombe

Governor Ngilu mourns former Kitui first Lady Mama Edith Malombe

Nigerian cleric predicts tough elections for Raila and Ruto

Nigerian cleric predicts tough elections for Raila and Ruto

Survey: Dennis Waweru leads the race for Nairobi County Governor

Survey: Dennis Waweru leads the race for Nairobi County Governor

Trio Mio to perform at much anticipated Raila event

Trio Mio to perform at much anticipated Raila event

Police issue advisory to ladies shopping on Instagram

Police issue advisory to ladies shopping on Instagram