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DPP to investigate 5 banks over NYS scandal

Kenya’s top public prosecutor says he is going after five banks and bank officials linked to shady transactions involving Sh8 billion looted from the National Youth Service.

Mr Noordin Haji on Thursday said he had appointed a team of prosecutors to review the findings of investigation by crime busters at the Directorate of Public Prosecutions.

He said he would go after Kenya Commercial Bank, Standard Chartered Bank, Equity Bank, Diamond Trust Bank and the Cooperative Bank of Kenya.

Also targeted in the purge are bank officials, individuals and entities “for concealing, facilitating, aiding, abetting and benefitting” from the loot.

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