Kimunya and Ndung'u stole (must answer for) Sh 1.8 billion

The Kenyan DAILY POSTNews06:11

Wednesday August 1, 2012 - News just indicates that the Parliamentary Accounts Committee now wants Transport Minister Amos Kimunya and Central Bank of Kenya Governor Prof Njuguna Ndung’u investigated in the loss of Sh1.8 billion in the De La Rue money printing deal.

In their recommendations to the house on Wednesday, the committee said both Kimunya who is former Finance Minister and the Governor were unfit to hold office.

They recommended that the two be investigated by the Ethics and the Anti Corruption Commission (EACC) for illegal transactions and misappropriation of taxpayer’s money.

The 11-member committee led by Ikolomani MP Dr Bonny Khalwale said that the procurement procedures as contained in the Public Procurement Act were not followed.

They said Kimunya misled the committee during the hearings by arguing the contract did not factor in the purchase of corporate security features of the new generation currency notes.

Khalwale said the two should be suspended from their offices in order to be investigated.  

The Kenyan DAILY POST