WANTS TO KNOW IF CBK PLAYED ROLE

The Star (Kenya) - - Politics -

Gumbo said they will seek the help of the anti-cor­rup­tion agency to find out if the Cen­tral Bank played any role in the NYS theft. “This is a mat­ter of huge pub­lic con­cern and the com­mit­tee is fac­ing time con­straints. We’re writ­ing to the EACC to es­tab­lish if any in­ves­ti­ga­tion has been done on CBK,” he said. The cash the agency lost had been placed at Sh791 mil­lion, but a re­port by Au­di­tor Gen­eral Ed­ward Ouko raised it to Sh1.6 bil­lion. Ki­tutu Masaba MP Ti­mothy Bosire, a com­mit­tee mem­ber, said they need records of all banks and com­pa­nies that trans­acted NYS money. “It is the na­ture and ex­tent of in­ves­ti­ga­tions that has forced us to go this far,” Bosire said. or send writ­ten sub­mis­sions to ex­plain the na­ture of trans­ac­tions they car­ried out. He said there is no ob­vi­ous im­pro­pri­ety and cul­pa­bil­ity im­plied against the banks, but the truth will emerge once they tell their sides of the story.

“We’re not say­ing they are cul­pa­ble. The only way to dis­count that is through in­ves­ti­ga­tions,” the Rarieda MP said. “As a com­mit­tee, we do not in­tend to sum up our probe and write a re­port, only for peo­ple to later start point­ing fin­gers at X or Y, say­ing they were in­volved but never sum­moned.”

Gumbo said in­ves­ti­ga­tions will ex­on­er­ate com­pa­nies and bank­ing in­sti­tu­tions that did gen­uine busi­ness and pre­scribe cul­pa­bil­ity for those that could have con­nived to swin­dle the pub­lic through cor­rupt deal­ings. He crit­i­cised the EACC, ac­cus­ing it of fail­ing to con­duct a thor­ough probe.

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