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Originally published by KBC Top Stories
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August 18, 2026
20h ago

Treasury officials, business owners arrested over alleged Ksh1.57B fraud

Treasury officials, business owners arrested over alleged Ksh1.57B fraud

The Ethics and Anti-Corruption Commission (EACC) has arrested nine suspects over the alleged embezzlement and fraudulent disbursement of Ksh1.57 billion under the Rural Outreach of Financial Innovations and Technologies (PROFIT) Programme...

✨ Key Highlights

Nine individuals, including Treasury officials and business owners, have been arrested in connection with the alleged fraudulent disbursement of Ksh1.57 billion under the Rural Outreach of Financial Innovations and Technologies (PROFIT) Programme.

  • Ksh1.57 billion allegedly embezzled and fraudulently disbursed.
  • The Ethics and Anti-Corruption Commission (EACC) led the arrests.
  • The funds were meant for small-scale farmers but were allegedly channelled to private entities for services not rendered.

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