DPP offers proposal to Family Bank, former officials in plea bargain deal


The Director of Public Prosecution (DPP) has sent a plea bargain proposal to Family Bank and eight of its former officials in Sh 1.6 billion case.

Daniel Karuri for the prosecution told Senior Principal Magistrate Martha Mutuku that his boss Noordin Haji has written a proposal to the defense team but they are yet to respond.

He requested for a mention in two weeks time to allow the defense team to respond.

The defense team lead by lawyer Waweru Gatonye and Cecil Miller confirmed receiving the proposal yesterday but had not had the time to respond.

The court was also informed that out of court negotiations are still ongoing.

Both parties agreed to have the matter mentioned on 17 December.


The bank’s Chief Executive Officer John King’ori is charged alongside former CEO Peter Munyiri, KTDA Branch Manager Robert Oscar Nyaga, Anti-money compliance manager Charles Kamau Thiongo, Head of Risk and compliance Raphael Mutinda Ndunda, Operations Supervisor Nancy Njambi, Relationship Platinum manager Meldon Awino Onyango and Customer Service supervisor Josephine Wairimu.
They are are charged with, among other counts, failure to report significant transactions carried out by NYS scam primary suspect Josephine Kabura Irungu using three accounts held at the bank.
This is the fourth time the trial is being adjourned for out of court settlement negotiations.
The bank and its former employees are also charged with failing to report money-laundering charges between 22nd December 2014 and 19th May 2015.
The court heard the accused persons failed to report unusual transactions relating to the account held by Kabura under the business name Reinforced Concrete Technologies.
They were also charged with failure to file transactions exceeding Sh 1 million cash.
All of them denied the charges and were released on a cash bail of Sh 300,000 each.
In October, the trial Magistrate gave the last adjournment and directed that matter would proceed to hearing if the negotiations would not have bore fruits.