Sign in
Download Opera News App

Public Safety

 

Crime Justice

 

Financial crime

KPA Finance Boss Patrick Nyoike and His Wife Arrested Over Ksh.214M Corruption Case

DPP Noordin Haji. Image | Courtesy

The General Manager Finance at the Kenya Ports Authority (KPA) Mr. Patrick Nyoike has been detained in Mombasa over corruption charges amounting to Ksh. 214,548, 340.80.

According to a statement by the Office of the Director of Public Prosecutions (ODDP), it has shown that Mr. Patrick Nyoike allegedly used his power to allocate the money to Nyali Capital Limited, a microfinance business which is run by his wife Jacinta Wanjiku Wambugu who acts as the company’s General Manager along with other directors.

“Indeed, Patrick Wambugu Nyoike facilitated Nyali Capital Limited’s microfinance business to finance the KPA suppliers, Local Purchase Order (LPOs) and Local Service Orders (LSOs) and thereafter used the KPA system to have the principal and the interest from the said suppliers remitted to Nyali Capital Limited’s account by the KPA,” the statement read

According to the ODPP, Nyali Capital Limited acted as a vendor in the KPA portal which indicates a conflict of interest and also a break of the codes and conducts.

“This demonstrates a conflict of interest on the part of Patrick Wambugu Nyoike, the General Manager Finance at KPA,” the ODPP’s statement adds.

Probing Mr. Wanyoike started Last year when the anti-graft detectives raided his house under probe of siphoning millions from the company to a private developer.

The Ethics and Anti-Corruption Commission (EACC) then, claimed they were working on a tip-off suggesting that a sum of Sh241 million were moved from the company to an individual close to Mr. Patrick Wambugu Nyoike.

Kenya Ports Authority (KPA) in Action. Image Courtesy


Content created and supplied by: JamesIrungu43 (via Opera News )

Ethics and Anti-Corruption Commission Jacinta Wanjiku Wambugu KPA Nyali Capital Limited Patrick Nyoike

COMMENTS

Load app to read more comments