@Tuko

Family Bank fined KSh 64.5 million after pleading guilty in NYS scandal - 6 months ago, 22 Jan 20:04

Linda Shiundu

- Family bank has been fined KSh 64.5 million with regards to NYS corruption scandal

- The bank was accused of failing to report unusual transaction by the institution

- Of the amount KSh 24.5 million will be given back to NYS

- The remaining amount will deposited as court fines

Family Bank has entered into plea bargain agreement with the Director of Public Prosecution (DPP) where it pleaded guilty to failing to report suspicious transactions.

The bank was fined KSh 64.5 million for its role in the KSh1.6 billion National Youth Service (NYS) money laundering saga.

According to tweet shared by the DPP, on Tuesday, January 22, the deal was to cushion the bank from prosecution on criminal charges.

From the fine, KSh 24.5 million will be given back to NYS and if the bank failed honour the plea, it’s properties will be auctioned.

The remaining amount of ...
Read More


Category: topnews news

Item ID: aff6c6d7-7f9a-45fb-a605-ddc16ad21357

kadiNewsItemCategoryList
  1. newsPriority: 0.067
  2. calculatedNewsPriority: 71.217
  3. description: Top News
  4. parsedURL: https://www.tuko.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.067
  2. calculatedNewsPriority: 71.217
  3. description: News
  4. parsedURL: https://www.tuko.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jan 22, 2019 8:04:43 PM
  2. timeModifiedAsFromUser: Jan 22, 2019 8:00:02 PM
  3. timeCreatedAsFromServer: Jan 22, 2019 8:04:43 PM
  4. timeUpdatedAsFromUser: Jan 22, 2019 8:07:42 PM
  5. timeCreatedAsFromUser: Jan 22, 2019 7:59:30 PM
  6. timeUpdatedAsFromServer: Jan 24, 2019 7:51:53 PM
  7. timeModifiedAsFromServer: Jan 22, 2019 8:04:39 PM

Suggested

34 minutes
Sonko's Team Hailed for Manhandling Rogue Bodaboda Rider

Askaris from the County Government of Nairobi, on Friday, received rare support from the general public after a video of them arresting a rider went viral online. The video was posted by the Bodaboda ...

Category: topnews news

Item ID: b77af1a3-f041-4d13-9f33-903d7f31d7dd

kadiNewsItemCategoryList
  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.012
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.kenyans.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.012
  3. description: View the latest and breaking News
  4. parsedURL: https://www.kenyans.co.ke/news
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jul 19, 2019 4:36:36 PM
  2. timeModifiedAsFromUser: Jul 19, 2019 4:28:00 PM
  3. timeCreatedAsFromServer: Jul 19, 2019 4:36:36 PM
  4. timeUpdatedAsFromUser: Jul 19, 2019 4:37:43 PM
  5. timeCreatedAsFromUser: Jul 19, 2019 4:28:00 PM
  6. timeUpdatedAsFromServer: Jul 19, 2019 4:37:43 PM
  7. timeModifiedAsFromServer: Jul 19, 2019 4:36:34 PM
1 hours ago, 15:46
Ekuru Aukot's Dare to Uhuru After Achieving Referendum Milestone [VIDEO]

Thirdway Alliance Party leader, Ekuru Aukot, has challenged President Uhuru Kenyatta to publicly support his draft Constitution Amendment Bill 2019. Speaking to journalists on Friday, Aukot stated ...

Category: topnews news

Item ID: cf485ad2-3d4a-452d-adad-3e5739374e92

kadiNewsItemCategoryList
  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.013
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.kenyans.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.011
  3. description: View the latest and breaking News
  4. parsedURL: https://www.kenyans.co.ke/news
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jul 19, 2019 3:46:36 PM
  2. timeModifiedAsFromUser: Jul 19, 2019 3:36:00 PM
  3. timeCreatedAsFromServer: Jul 19, 2019 3:46:36 PM
  4. timeUpdatedAsFromUser: Jul 19, 2019 3:50:02 PM
  5. timeCreatedAsFromUser: Jul 19, 2019 3:36:00 PM
  6. timeUpdatedAsFromServer: Jul 19, 2019 3:50:02 PM
  7. timeModifiedAsFromServer: Jul 19, 2019 3:46:34 PM
4 minutes
Alarm as drunk mothers abandoning their young children hits this county

Children Welfare officers in Nyandarua county have raised alarm over the number of mothers who are drowning in alcoholism and leaving their young ones alone. According to reports, Ol Kalou and ...

Category: topnews news

Item ID: 1d81ee69-01d8-4a33-9d64-d78573582dec

kadiNewsItemCategoryList
  1. newsPriority: 0.018
  2. calculatedNewsPriority: 0.018
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.pulselive.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.001
  2. calculatedNewsPriority: 0.001
  3. description: View the latest and breaking News
  4. parsedURL: https://www.pulselive.co.ke/news
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jul 19, 2019 5:06:59 PM
  2. timeModifiedAsFromUser: Jul 19, 2019 5:02:22 PM
  3. timeCreatedAsFromServer: Jul 19, 2019 5:06:59 PM
  4. timeUpdatedAsFromUser: Jul 19, 2019 5:07:37 PM
  5. timeCreatedAsFromUser: Jul 19, 2019 5:02:22 PM
  6. timeUpdatedAsFromServer: Jul 19, 2019 5:07:37 PM
  7. timeModifiedAsFromServer: Jul 19, 2019 5:06:34 PM
13 minutes
The top cop in 1802 has a great-great-great-great-grandson in the NYPD

It is Jacob Hays, and his image is the first in a long series of framed portraits of the department’s police chiefs. For four decades before the Police Department was formed in 1845, Hays served as ...

Category: topnews news

Item ID: f58f54d3-5376-46e8-bcda-aff64203857a

kadiNewsItemCategoryList
  1. newsPriority: 0.018
  2. calculatedNewsPriority: 0.018
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.pulselive.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.018
  2. calculatedNewsPriority: 0.018
  3. description: View the latest and breaking News
  4. parsedURL: https://www.pulselive.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jul 19, 2019 4:57:36 PM
  2. timeModifiedAsFromUser: Jul 19, 2019 4:54:58 PM
  3. timeCreatedAsFromServer: Jul 19, 2019 4:57:36 PM
  4. timeUpdatedAsFromUser: Jul 19, 2019 4:58:46 PM
  5. timeCreatedAsFromUser: Jul 19, 2019 4:54:58 PM
  6. timeUpdatedAsFromServer: Jul 19, 2019 4:58:46 PM
  7. timeModifiedAsFromServer: Jul 19, 2019 4:57:11 PM
14 minutes
Anxious Democratic governors urge 2020 field not to veer too far left

Some governors are alarmed that their party’s presidential candidates are embracing policies they see as unrealistic and politically risky. And they are especially concerned about proposals that would ...

Category: topnews news

Item ID: 9bd466b4-c07d-4813-9d8c-5fa2f2b0f4d0

kadiNewsItemCategoryList
  1. newsPriority: 0.018
  2. calculatedNewsPriority: 0.018
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.pulselive.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.018
  2. calculatedNewsPriority: 0.018
  3. description: View the latest and breaking News
  4. parsedURL: https://www.pulselive.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jul 19, 2019 4:57:05 PM
  2. timeModifiedAsFromUser: Jul 19, 2019 4:53:13 PM
  3. timeCreatedAsFromServer: Jul 19, 2019 4:57:05 PM
  4. timeUpdatedAsFromUser: Jul 19, 2019 4:58:46 PM
  5. timeCreatedAsFromUser: Jul 19, 2019 4:53:13 PM
  6. timeUpdatedAsFromServer: Jul 19, 2019 4:58:46 PM
  7. timeModifiedAsFromServer: Jul 19, 2019 4:56:34 PM
13 minutes
U.S. Navy ship sunk in World War II by German sub is found off Maine coast

This week, searchers announced that the warship had been discovered 5 miles off the coast of Maine and 300 feet beneath the surface of the Atlantic Ocean, in a rocky warren. A team of eight civilian ...

Category: topnews news

Item ID: 81164abc-b281-45c9-9a2b-bf6dd9625d1c

kadiNewsItemCategoryList
  1. newsPriority: 0.019
  2. calculatedNewsPriority: 0.019
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.pulselive.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.019
  2. calculatedNewsPriority: 0.019
  3. description: View the latest and breaking News
  4. parsedURL: https://www.pulselive.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jul 19, 2019 4:57:37 PM
  2. timeModifiedAsFromUser: Jul 19, 2019 4:54:54 PM
  3. timeCreatedAsFromServer: Jul 19, 2019 4:57:37 PM
  4. timeUpdatedAsFromUser: Jul 19, 2019 4:58:46 PM
  5. timeCreatedAsFromUser: Jul 19, 2019 4:54:54 PM
  6. timeUpdatedAsFromServer: Jul 19, 2019 4:58:46 PM
  7. timeModifiedAsFromServer: Jul 19, 2019 4:57:11 PM