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Corruption proceeds wired to offshore accounts, DPP reveals

Mercy Mwai @wangumarci

Fresh details emerged yesterday of how proceeds from the ongoing corruption scandals were withdrawn from local banks and wired to offshore accounts in Mauritius within days of payment.

Director of Public Prosecutions (DPP) Noordin Haji  revealed that at least 10 banks and their officials are being investigated to establish their role in National Youth Service (NYS) scandal.

Those targeted include bank managers, tellers and senior officials suspected to have colluded with suspects to have huge sums of money deposited in accounts irregularly  withdrawn.

Haji said a team comprising officials from the Central Bank of Kenya (CBK), Directorate of Criminal Investigations (DCI) and National Intelligence Service (NIS) has been constituted to determine how the money was moved

He expressed concerns that despite various laws and regulations in place, some banks have continued to disregard them and allow huge sums of money to be irregularly withdrawn.

“Banks seem to be colluding with individuals and huge sums of money is being withdrawn everyday without our knowledge,” said Haji when he appeared before Senate Justice, Legal Affairs and Human Rights committee yesterday.

He told the committee chaired by Samson Cherargei (Nandi) that in the case of NYS, Sh100 million was withdrawn within two days after it was wired in the account while Sh250 million from the Ruaraka school land saga was withdrawn within three days.

“Our investigations seek to establish which banks failed to report when they received such kind of money.

The biggest problem is once the cash withdrawal is done then it becomes difficult to know how the money is used,” said the DPP.

On cash wired to Mauritius, Haji said they will be seeking  legal co-operation with the country over the matter.

“In the case of Ruaraka land,  some of the money has already been wired to Mauritius and that is why we need thorough investigations. It’s becoming very difficult for us,” he said.

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