May 2021
    M T W T F S S
     12
    3456789
    10111213141516
    17181920212223
    24252627282930
    31  

Rigathi Gachugua

Rigathi Gachagua was the MP for Mathira Constituency in Nyeri county who in October 2010 was arrested presented in court on charges of corruption and money laundering after he allegedly failed to explain the source of billions of shillings that passed through his bank accounts.

Mr Gachagua was arrested by detectives from the Serious Fraud Unit attached to the Directorate of Criminal Investigations (DCI) who had been looking for him for days.

The MP has been in the crosshairs of both the DCI and the Assets Recovery Agency for some time now over the way tenders involving his companies were issued.

The first-term MP had reportedly received more than Sh12.5 billion through three accounts in Rafiki Micro Finance Bank, in seven years, payments that had been labelled suspicious.

The Asset Recovery Agency (ARA) reckons in court documents that it traced Sh7.3 billion withdrawals through bank statements in accounts that were left with a balance of Sh200 million.

But the agency said there were no bank statements to show how the balance of Sh5.1 billion was withdrawn from the fixed deposit account in what it termed “a complex scheme of money laundering”.
A second fixed account received Sh5.87 billion of which Sh705.1 million had been withdrawn, but with a Sh165 million balance, leaving some unexplained Sh5.1 billion, according to the ARA’s court documents

Sidebar