Kenyan Parliament Calls For The Investigation Of The Central Bank Governor


The Kenyan parliament has called for the investigation of Central bank Governor Patrick Njoroge following an alleged multi-million-dollar scam from a youth empowerment programme.

The lawmakers made this declaration after setting up a public accounts committee to carry out the investigation of the allegation.

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According to the public accounts committee, billions of shillings in public funds were stolen from the National Youth Service (NYS) in one of the biggest blots on President Uhuru Kenyatta’s government.

The NYS scam cost one cabinet minister her job with dozens of government officials and business operators having been charged with crimes relating to the scandal.

The Public Accounts Committee (PAC) said in a report issued on Thursday that detectives and the ethics commission should establish if Njoroge should be charged with abuse of office for failing to inform the government about “abnormal payments” requests.

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The Kenyan Parliament will discuss the committee’s report and decide whether to adopt or reject it.

Patrick Njoroge was appointed as the central bank governor in June 2015. He is widely viewed as a trustworthy senior official even before he shunned some perks of his post which included a fleet of vehicles and a mansion in an exclusive area in Nairobi.

However, last week the Director of Public Prosecution Keriako Tobiko ordered the Directorate of Criminal Investigations to probe Central Bank of Kenya with a view to establishing whether the bank or its officers were culpable or complicit in the NYS scandal.

Imperial Bank’s big depositors, through senior counsel Ahmednasir Abdullahi, want Central Bank Governor Patrick Njoroge held personally liable for the regulator’s alleged complicity, which led to the loss of Sh34 billion and actions subsequent to receivership that has denied them access to their funds.

They want Njoroge and CBK to pay them for the closure of the bank.

The DPP gave DCI 21 days to come up with the result of the investigations.