Kenya: EACC Arrests Treasury Officials, Business Owners Over Alleged Sh1.57bn Profit Programme Fraud

Kenya: EACC Arrests Treasury Officials, Business Owners Over Alleged Sh1.57bn Profit Programme Fraud

Nairobi -- The Ethics and Anti-Corruption Commission (EACC) has arrested senior National Treasury officials and business owners over an alleged Sh1.57 billion fraud scheme involving funds meant to help small-scale farmers access affordable financing.

EACC arrests senior Treasury officers, business owners over KSh 1.57 alleged fraud

EACC arrests nine, including senior Treasury officials, over KSh 1.57 billion fraud linked to the PROFIT Programme meant for small-scale farmers.

Nine Kenyans Arrested Over KSh1.57B IFAD Programme Fraud

The Kenya Times ~ Trending, Breaking News and Videos Nine Kenyans Arrested Over KSh1.57B IFAD Programme Fraud The Ethics and Anti-Corruption Commission (EACC) has arrested and held nine suspects for questioning in connection with the alleged embezzlement of KSh1.57 billion linked to a government programme funded through a loan from the International Fund for Agricultural Development (IFAD). In a statement on Tuesday, August 18, EACC said investi…

EACC arrests Treasury officials, business owners over alleged Sh1.57bn PROFIT Programme fraud

NAIROBI, Kenya, Aug 18 — The Ethics and Anti-Corruption Commission (EACC) has arrested senior National Treasury officials and business owners over an alleged Sh1.57 billion fraud scheme involving funds meant to help small-scale farmers access affordable financing. The anti-graft agency said nine suspects were arrested on Tuesday following investigations into the alleged fraudulent disbursement of Sh1,569,582,338.20 under the Rural Outreach of Fi…