Source-linked briefing Crime

Kenyan Bank CEOs, Former MCA Charged in KSh 363M Suspicious Transactions Case

Kenyan Bank CEOs, Former MCA Charged in KSh 363M Suspicious Transactions Case

Citizen Digital reports that the CEOs of NCBA Bank, KCB Bank, and Co-operative Bank have been charged over alleged failures to report suspicious transactions tied to proceeds of crime in a case involving KSh 363.4 million. A former Member of County Assembly was also charged in connection with the scheme.

Original headline

Three bank CEOs, former MCA charged over alleged Ksh.363M fraud scheme