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Originally published by Kenyans
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August 19, 2026
1h ago

Court Issues Ruling in Ksh 1.57B Fraud Case Involving Treasury Officials

Court Issues Ruling in Ksh 1.57B Fraud Case Involving Treasury Officials

The three were arrested on Tuesday by EACC over allegations of their involvement in the scheme...

✨ Key Highlights

Senior officials from the National Treasury and private directors have been released on bond after facing charges related to the alleged misappropriation of Ksh 1.57 billion in the PROFIT Programme fraud case.

  • Ksh 1.57 billion allegedly misappropriated under the PROFIT Programme.
  • Nine accused, including Head of the Accounting Unit at the National Treasury and company directors, denied 121 charges.
  • Accused released on bond ranging from Ksh 1 million to Ksh 20 million and must surrender passports.

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