CEOs of three top banks to be charged in Sh363M money laundering probe

The charges arise from investigations into the alleged theft of more than Sh363.4 million from First Assurance Investment Company Limited...

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The Director of Public Prosecutions has approved criminal charges against the chief executives of NCBA Bank, KCB Bank, and Co-operative Bank for allegedly failing to report suspicious transactions linked to a Sh363 million money laundering probe.

Over Sh363.4 million allegedly stolen from First Assurance Investment Company Limited.
CEOs of NCBA Bank, KCB Bank, and Co-operative Bank to be charged.
Charges stem from alleged failure to report proceeds of crime; executives to appear in court on August 11, 2026.

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