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Kenya’s Central Bank Governor Risks Arrest In Illegal IT Tender

Kenya’s Central Bank Governor Risks Arrest In Illegal IT Tender

Written by Eric Ombok | From Bloomberg

Kenya’s public prosecutor said it ordered the arrest of central bank Governor Njuguna Ndung’u for alleged abuse of office linked to a security-software tender.

“The Director of Public Prosecutions recommended the prosecution,” Beth Mbatia, a spokeswoman for the office, said in an e-mailed response to questions today. “We cannot share any legal documents or letters at this moment until the matter is in court.”

Ndung’u is unavailable for comment today and will be back in the office tomorrow, central bank spokesman Samson Burgei said in an e-mailed response to questions. Ndung’u, 54, has been governor of the central bank in East Africa’s biggest economy since 2007.

The Daily Nation, a Nairobi-based newspaper, reported that the charges arise from the award of a 1.2 billion-shilling ($13.9 million) tender for the installation of security software at the bank that led to the loss of more than 400 million shillings of public funds.

Kenya’s anti-corruption agency last month recommended Ndung’u and other bank officials be charged for failing to comply with public-procurement rules, it said.

Read more at Bloomberg