Former youth fund bosses probed by EACC

A file photo of Catherine Namuye former youth fund CEO at a past function. /FILE
A file photo of Catherine Namuye former youth fund CEO at a past function. /FILE

Former Youth enterprise fund officials Bruce Odhiambo and Roselyn Nambuye were on Thursday questioned by EACC officials over misappropriation of Sh180 million.

The two appeared at the EACC offices after MPs adopted

a report recommending investigation and prosecution of three individuals that misappropriated the money.

The third is businessman Mukuria Ngamau.

The legislators gave the DCI and the anti-graft agency two months to report the action taken against the suspects.

This is after the National Assembly's Public Investments Committee (PIC) tabled a report revealing how Sh180 million was stolen from the Youth Enterprise Development Fund (YEDF) was used.

The team listed that the monies were allegedly used to purchase luxury homes, pay debts as well as line the pockets of powerful individuals, law firms and companies.

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Ngamau is accused of using his company Quorandum Limited’s Chase Bank account to receive money from the youth fund.

The probe also revealed that he made several transactions with third parties, including the purchase of a duplex apartment in Nairobi’s Lavington estate.

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