In addition to calling for the investigation and prosecution of Ngamau for acquisition, possession and the use of proceeds of crime, the House Committee wants the DCI to undertake an investigation of all transactions of the Quorandum Ltd Account at Standard Chartered Bank Kenya Limited for the period January 15, 2015 to March 31, 2016.
The Keynan team says the investigations should extend to all personal bank accounts of Ngamau, his wife Doreen Waithera Ng’ang’a including their close relatives and friends.
“An analysis of the various statements of bank accounts held by Quorandum Limited at Chase Bank (K) Ltd and Standard Chartered Bank (K) Ltd shows that the Sh180,364,789 which was fraudulently transferred from YEDF account at Chase Bank (K) Limited to Quorandum Limited was used for various suspicious transactions. In particular, a total of approximately Sh91,654,018 was transferred to Quorandum Limited account at Standard Chartered Bank (K) Limited and thereafter used for suspicious payments to various third parties including a Mr Bruce Dominic Odhiambo,” the report read in part.
The Director, DCI and Secretary, EACC is to report back to the National Assembly not later than two months after the adoption of this Report on the status of implementation of these recommendations.
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