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In Other News · Kenya · Business

Waititu, Wife and Companies Fined Millions in KSh588 Million Money Laundering Case

Source: Nairobi Wire
Summary
Former Kiambu Governor Ferdinand Waititu faces a Ksh21 million fine or 13 years behind bars after the anti-corruption court sentenced him in a high-profile money-laundering case. Principal Magistrate Thomas Barasa delivered the ruling on Monday, ordering the prison terms to run concurrently, meaning Waititu will serve 5 years in prison if he fails to pay the fine. The financial penalty against the former governor breaks down across three separate charges: Ksh10 million on Count 10, Ksh6 million on Count 11, and Ksh5 million on Count 12. Magistrate Barasa also sentenced Waititu’s wife, Susan Wangari Ndung’u, along with several co-accused individuals The post Waititu, Wife and Companies Fined Millions in KSh588 Million Money Laundering Case appeared first on Nairobi Wire.
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