Peter Munyiri, the former Chief Executive of Family Bank is preparing to campaign for Nyeri Gubernatorial elections come 2022.
Munyiri is a tainted man. He is the one who aided the movement of looted NYS funds through the banking system just for kickbacks. In 2016, DPP Keriako Tobiko recommended his prosecution for money laundering and 9 other counts.
The Sh1.6 billion that was stolen from NYS was largely passed through Family Bank and Munyiri earned a nickname of Mr 10 per cent because of his kickback-taking ways.
It is reported that brown envelopes on NYS funds would end up in his office after allowing the huge cash withdrawals at 3:00am in the night.
In the NYS scam, Peter Munyiri who was charged alongside 7 others was the linkman to the politicians and shadowy figures around NYS. Why is he still out?
His case stalled?
Most looters in Kenya hide behind religion and politics. The former altar boy wants now to join politics to escape justice because most politicians are untouchables in this country.
Munyiri was released on a bond of Sh300,000 and this is where the joke started. How can a man who committed enormous economic crimes walk scot free? For Sh300,000?
It is understandable that on the 2nd of November 2020, he and the 7 gang members appeared at Milimani Magistrate Court before Hon Andayi for the case that is ongoing. But why is the case of open economic crimes taking this long?
Other cases of fraud
For a man who nearly became CEO of KCB Bank, it is anyone’s guess what he would’ve done.
Munyiri’s partner in crime from when he was at KCB had been extradited from London and he knows anytime soon things will turn against him. He hopes to join politics to escape from his criminal past.
Kenyans hope they will send Peter Munyiri to Kamiti as a lesson to other Thieves. The habit of joining politics after looting so as to escape justice must stop.
If you read his story, everywhere Munyiri went, he left a scandal. Kenyanbulletin.com has covered some. Take a look below:
- The time Peter Munyiri plotted to collapse KCB Bank Group
- #FugitiveMunyiri: Kenyans on Twitter call for prosecution of NYS scandal mastermind
Peter Munyiri’s charge sheet