Tuesday, November 1, 2016

Kabura took out sacks of cash without security

Public Accounts Committee chairperson Nicholas Gumbo. PHOTO | JEFF ANGOTE
National Assembly Public Accounts Committee (PAC) chairman Nicholas Gumbo. PHOTO | JEFF ANGOTE 
By LYNET IGADWAH, ligadwah@ke.nationmedia.com
In Summary
  • Josephine Kabura withdrew more than Sh100 million in cash from a bank without security arrangements.
  • Ms Kabura said she used the money to pay suppliers of construction materials at a quarry in Ongata Rongai.
  • Suba MP John Mbadi said it was not humanly possible to carry the Sh100 million in cash as it is equivalent to 100 kilograms.
  • Ms Kabura said she is the sole proprietor of 20 companies that transacted business with the NYS and have to date received Sh1.67 billion.

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