The Ngirita family’s decision to move huge amounts of money before being charged with fifty-four other people involved in the National Youth Service (NYS) scandal, might see the government unable to recover the stolen funds worth more than Sh250 million.
Decision Ngiritas made that won't see Sh250 million recovered
Government faces a tough time
Documents presented in court revealed that Mrs Lucy Ngirita transferred Sh211 million from NYS to KCB accounts registered under her companies, Waluco Investments and Ngiwaco Investments.
The papers however do not mention the KCB accounts which the money was moved into.
Lucy Ngirita together with her son and daughter, Jeremiah Gichini Ngirita and Phyllis Njeri Ngirita respectively, pocketed a total of Sh361 million from the scandal.
The money was divided into 79 transactions in a bid not to raise any suspicion.
Jeremiah got Sh87.9 million through his company Jerrycathy.
Assets and Recovery Agency (ARA) documents showed that Sh58 million had been moved by Lucy to her personal account at KCB after which she bought two plots, one in Nakuru worth Sh46 million and the in Naivasha for Sh7 million.
Further information from the authorities explained that Njeri acquired Sh57.2 million from the scheme.
“The investigations revealed Ms Njeri was paid directly to her personal account, which is contrary to procedure.
“This is clear case of fraud as there is no evidence of goods or services procured by NYS,” read a part of the document from ARA.
Court documents indicated that less than Sh100 million was managed to be traced after the state were able to freeze five pieces of land In Nakuru, Naivasha and Trans nzoia and three Toyota cars valued at Sh95 million.
Ngiritas claim to have no money to pay for bail
In June 2018, despite all the stolen funds, the family did not have Sh8 million to secure their release from custody after the kin had been granted bail.
Lawyer Cliff Ombeta, who is their legal representative, had informed the court that the decision to have his clients accounts frozen had made them cashlesss which made it hard to access the money to pay for their freedom.
High Court Justice Hedwig Ongw’undi had ruled that they would only be set free on the condition they fulfilled the payment of a a bond of Ksh.5million, cash bail of Sh1million and a Sh2million surety.
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