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Court frees on bail 11 people charged with loss of Ksh1.57B

A Milimani Anti-corruption Court has freed 11 people charged with different counts over loss of Ksh1.57 billion in the IFAD-funded PROFIT programme. The 11, including senior Treasury officials and business owners, have been charged with different offences, including abuse of office contrary to section 46 as read with section 48 of the Anti-Corruption and Economic […]

The Milimani Anti-corruption Court in Kenya has released 11 individuals accused of misusing Ksh1.57 billion from an IFAD-funded programme called PROFIT. The 11 defendants, comprising senior Treasury officials and business owners, face various charges including abuse of office, unlawful payments, and money laundering. Principal Magistrate Rose Ndombi granted separate bail conditions, ranging from Ksh300,000 to Ksh10 million, for each accused person.

Charges against the accused include misusing their positions to benefit individuals and companies, as well as unlawful payments and money laundering. All accused individuals denied the allegations, which were accepted by the court.

Written by urgent.news from People Daily Kenya's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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