The Director of Public Prosecutions (DPP) has charged the CEOs of NCBA Bank, KCB Bank, and Co-operative Bank with failing to report suspected proceeds of crime, linked to an alleged Sh363.3 million fraud.

• Sh363.32 million allegedly stolen from First Assurance Investment Company Limited.
• The charges stem from an investigation involving a former nominated Member of the County Assembly (MCA).
• The former MCA faces 120 charges including conspiracy to defraud and stealing, while the bank CEOs are charged with failing to report suspicious transactions under the Proceeds of Crime and Anti-Money Laundering Act.