Home KENYA NEWS Former KEMRI Managing Director Prof. Davy Koech Convicted of Fraud, Fined Sh19.6...

Former KEMRI Managing Director Prof. Davy Koech Convicted of Fraud, Fined Sh19.6 Million

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Former KEMRI Managing Director Prof. Davy Koech Convicted of Fraud, Fined Sh19.6 Million

Former Kenya Medical Research Institute (KEMRI) managing director Prof. Davy Kiprotich Koech has been found guilty of fraud.

The 70-year-old was accused of transferring Sh19.3 million from KEMRI’s bank accounts to his accounts to fund his children’s education abroad. The funds had been allocated to the Center for Disease Control in Kisumu.

On Wednesday, Senior Principal Magistrate Victor Wakumile convicted the accused of fraudulent acquisition of public property and was fined Sh19.6 million, or serve a six-year jail term in default.

Magistrate Wakumile while issuing the ruling said the prosecution proved beyond reasonable doubt that Koech committed the offense.

The Director of Public Prosecutions (DPP) said he was dissatisfied with the sentence and will be seeking enhancement of the same at the High Court.

Koech, who currently serves as the CEO of the Centre for Clinical & Molecular Sciences, took to Twitter to question the sentencing.

“The figure of 19.3 million that I am accused of stealing from KEMRI in 2006 was an administrative oversight that was corrected when it was returned years ago & with interest. Why the punishment? ASANTE YA PUNDA NI TEKE!” he wrote.
 

5 COMMENTS

  1. “administrative oversight…
    “administrative oversight returned years ago with interest” look at this foolish old man. Mbu asante ya punda? we should be thanking him now?

    This is the future with Ruto

  2. Surely these kalenjin are…
    Surely these kalenjin are very theivy! Ruto have taught them very well that when you get a job any where, nyakua yote! It is the same corruption happening to Kenyans power and lightning! Hawa wachenzi do not need to be any where near the public money!

  3. He stole 19.3m and 15years…
    He stole 19.3m and 15years-plus he is fined 19.6m…..waaaaay better than a bank loan. Calculate that as a bank loan…..go for all he has acquired within that period… m since we cannot un-educate his kids…mmmh..sell all this thief had acquired before 2006..this is the punishment…the rest was paying back what he stole. So I say…

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