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Gachagua’s take on Sh12bn linked to his accounts
Thursday February 11 2021
By SAM KIPLAGAT
Summary
The first-term MP reckons in court documents that he moved Sh200 million back and forth in his three accounts at Rafiki Micro Finance Bank over a period of seven years, giving the impression that the multiple entries were new deposits.
He argues that the Assets recovery Agency (ARA) used entries of the same amount of money to arrive at the billions of shillings linked to his bank accounts and flag them as proceeds of crime.
ARA says the lawmaker received more than Sh12.5 billion through three accounts in Rafiki Micro Finance Bank, in seven years, payments that have been labelled suspicious.