Fraud -Mathira legislator Rigathi Gachagua is in trouble after the Investigations conducted against his activities unearthed that he stole sh 12 billion from government.
Homenews.co.ke reported on Thursday July 1 that the intensive investigations by the Directorate of Criminal Investigations DCI had un-earthed a rotten web of fraud led by MP Gachagua in which he used 40 different companies to transfer billions of money to different bank accounts. The amount in question having been estimated to sh 12 billion. Lots of which was paid to Wamunyonyo Investments in which Gachagua and wife are the sole owners
“While a company known as Upperdeck Agencies won a Sh. 9.4 million tender to supply linen to Nyeri County hospitals, its proprietors were listed, in the bank records, as Gerald Waema Mbatha and Moses Otieno. Detectives later found out that when the money was paid on February 18, 2015, the entire amount was transferred to Wamunyoro Investments Limited, leaving a balance of Sh. 5 only,” partly read the report.
And according to the Daily Nation, detectives also found out that those listed as proprietors were not the real signatories to the bank accounts. Instead the sole signatory was Mr. Sammy Cheborgey who is an employee at Mathira National Government Constituency Development Fund NG-CDF.
Further, MP Gachagua’s accounts at Rafiki Deposit-taking Microfinance indicated that he secured loans as a cover up plan so as to conceal the real beneficiaries.
“The bank statements were noted to have made minimal or no payments whatever to ‘would-be’ suppliers, yet they receive large amounts for supplies (and) works done. This is likely to imply that no supplies are made or works done,” the DCI said.
After these developments, the MP will now be required to defend himself against the accusations from the Asset Recovery Agency ARA which has reported that the MP had alreday moved with speed and withdrew a whopping sh 7.3 billion which he distributed to various investments. Only sh 5.2 billion was remaining. Source- Homenews.co.ke
