Keter spends 3 nights in custody over T-Bills

Nandi Hills MP Alfred Keter spent the third day in police custody yesterday despite the push by Rift Valley politicians to have him released.

The MP was arrested alongside Arthur Sakwa and Madat Chatur by Banking Fraud Investigations Unit detectives at the Central Bank of Kenya on Friday for allegedly presenting  fake Treasury Bills worth Sh633 million.

Sakwa and Chatur are directors of Desai Limited.

By yesterday, Keter, who is being held at the Muthaiga Police Station, was yet to record a statement or explain to the detectives his role in the push for the payout.

According to CBK Deputy Director in charge of Communications Wallace Kantai,, the three presented a set of forged bills which were purportedly issued by the CBK a number of years ago.

According to records addressed to Desai Ltd dated July 10, 2017, CBK said the Treasury Bills No. 1138 and 1148 in question had been redeemed and proceeds paid in full.

However, the bank has not disclosed to which account the monies were paid.

There were minimal activities at the police station yesterday save for family and friends silently streaming in to check on the MP (pictured).

On Saturday, Cherangany MP Joshua Kuttuny led a delegation of some Rift Valley leaders at the police station to demand for Keter’s release. He warned the government against intimidating leaders and alleged that Keter was arrested as part of a CBK cover-up.

Occurrence book

“What surprises most is that up to now, he has not been booked in any Occurrence Book, there are no allegations levelled against him. He has not recorded any statement. These are the issues of concern,” said Kuttuny, adding: “How do you cash Sh633 million in treasury bills at a counter? You need trucks to carry the money.”

His sentiments were echoed by Moiben MP Silas Tiren.

The three are set to appear in court this morning to face economic crime-related charges.

Keter’s lawyer Kimutai Bosek described the arrest as arbitrary stating that the law was being misapplied in an attempt to persecute his client.

Keter has since refuted the forgery allegations.

He criticised the manner in which the government handled his arrest, claiming he was at CBK on invitation of Governor Patrick Njoroge.

He accused those behind his arrest, terming them as well-connected individuals working at CBK, of an attempt to cover up a “fraud committed against Desai Industries”.

The fiery MP, who was recently dewhipped from House committeee post, said his political detractors reveling in humiliating him as a political leader were behind his woes.

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