NYS suspects finally face Sh791mn money laundering charges

August 22, 2016 2:41 pm
Shares
They took plea after their several attempts to block their prosecution was rejected by the High Court/FILE
They took plea after their several attempts to block their prosecution was rejected by the High Court/FILE

, NAIROBI, Kenya, Aug 22 – A Nairobi Court has freed businessman Ben Gethi, Josephine Kabura and eight others on bail after denying Sh791 million NYS money laundering charges.

Nairobi Chief Magistrate Daniel Ogembo directed the suspects to pay Sh300,000 cash bail or in the alterative, a bond of Sh1 million to secure their freedom.

Overview
  • Nairobi Chief Magistrate Daniel Ogembo directed the suspects to pay Sh300,000 cash bail or in the alterative, a bond of Sh1 million to secure their freedom.
  • The suspects pleaded not guilty to 15 counts of money laundering related charges allegedly committed between December 1, 2014 and April 2015.
  • They took plea after their several attempts to block their prosecution was rejected by the High Court.

The suspects pleaded not guilty to 15 counts of money laundering related charges allegedly committed between December 1, 2014 and April 2015.

They took plea after their several attempts to block their prosecution was blocked by the High Court.

But Gethi’s mother charity and his sister Jedidah Wangari were not in court to answer to the charges after the court heard that she is admitted at Melchizedek hospital in Karen where she has remained hospitalised for months .

Wangari, the court heard is still at large but will be arraigned in court soon once police manage to arrest her.

According to the prosecution the accused persons allegedly colluded to wire the Sh791 million out of the National Youth Service coffers and using part of it to purchase property they later concealed under phony firm names.

Director of Public Prosecutions(DPP) Keriako Tobiko approved the charges early this year saying that evidence against the accused establishes the offense of money laundering contrary to section 3 and 4 of the Proceeds of Crime and Money Laundering Act against the suspects.

Trial will commence on November 7 and be heard for three consecutive days.

Shares

Latest Articles

Most Viewed