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Central Bank Boss Njuguna Ndungu APPEALS PROSECUTION over Sh1.2 billion tender SCANDAL

Central Bank Boss Njuguna Ndungu APPEALS PROSECUTION over Sh1.2 billion tender SCANDAL

March 7, 2015 Leave a Comment

Central Bank of Kenya boss Prof Njuguna Ndung’u has moved to the Court of Appeal to stop arrest and prosecution over sh1.2 tender scandal.

Njuguna had last year lost the case at the High Court where Justice George Odunga declined to stop his prosecution.

Judge Odunga, while not ruling whether he is guilty or not, maintained Prof Ndung’u should defend himself at the trial court.

Through lawyer Donald Kipkorir, Njuguna has moved to the appellate court to bar the DPP from charging him in court.

Appeal Judge Patrick Kiage granted him stay orders pending the hearing of his appeal.

“It is proper for the applicant to seek reprieve, he has a right to be heard at a higher court,” said Justice Kiage.

He is accused of rejecting the advice of internal and external legal teams.

He is also said to have ignored errors detected by his deputy over the award of the tender to UK-based IT company, Horsebridge Networks Systems (EA) Ltd.

According to the Ethics and Anti-Corruption Commission, Prof Ndungu allegedly flouted procurement procedures in the award of the tender.

Prof Ndung’u is set to retire before end of this year and lobbying to replace him at CBK is already in high gear.

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