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

I was too embarassed - Sakaja finally opens up on why he dropped out of UoN

I was too embarassed - Sakaja finally opens up on why he dropped out of UoN

Raila's spokesperson tears apart Ruto's 7-point manifesto

Raila's spokesperson tears apart Ruto's 7-point manifesto

High Court rules on Wanjigi's petition to compell IEBC to clear him

High Court rules on Wanjigi's petition to compell IEBC to clear him

Ford Kenya official dies in lodging, woman arrested

Ford Kenya official dies in lodging, woman arrested

Martha Karua releases music video featuring TikTok star Joe Nyokabi [Watch]

Martha Karua releases music video featuring TikTok star Joe Nyokabi [Watch]

Snakes, hyenas, dog meat, dominate Wajackoyah's manifesto

Snakes, hyenas, dog meat, dominate Wajackoyah's manifesto

Ruto unveils 7-point manifesto to transform Kenya

Ruto unveils 7-point manifesto to transform Kenya

Critics question pro-legalization candidate Wajackoyah's mental health

Critics question pro-legalization candidate Wajackoyah's mental health

CUE revokes Sakaja's degree, again

CUE revokes Sakaja's degree, again