Agricultural Finance Corporation manager charged with corruption

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Agricultural Finance Corporation Manager legal Services has been charged with receiving a Sh 3.5 million bribe to write off a loan.

Ahmed Ngaira Rashid is accused of requesting for a financial advantage of Sh 3.5 million from Nancy Kavinya Kioko with intent that, in consequence he would influence writing off a loan of Sh 10 million she had taken with the Agricultural Finance Corporation. 

Rashid is alleged to have committed the offence on 3rd May 2020 at Galleria Shopping Mall within Nairobi County, being the manager legal services at the said Corporation.

Rashid is also charged with requesting for a financial advantage of Sh 3.5 million from Kioko with intent that in consequence he would influence writing off a loan of Sh 10 million she had taken with the corporation. He is alleged to have committed the offence on 19th May 2020 at the same place.

The accused is further charged with receiving financial advantage of Sh 300,000 and 200 USD  from Kioko with intent that he would influence write off the said loan. 

He is alleged to have committed this offence on 20th May 2020 at Kenol Gas station, Langata within Nairobi city County.

Rashid denied the charges before Anti-Corruption Chief Magistrate Douglas Ogoti and was released on a cash bail of Sh 350,000

The court also directed the immigration department not to allow the accused to leave the jurisdiction of the court.