State security agencies and Central Bank of Kenya (CBK) are investigating happenings at United Bank of Africa (UBA) Kenya Limited. Weekly Citizen has been briefed, UBA was being used to clear over sh6 billions suspicious transactions involving allies of a leading Presidential candidate in President Uhuru Kenyatta’s succession race.
Sources say, it’s suspected the bank has been used in money laundering activities by the candidate’s camp.
UBA Chief Executive Officer (CEO) is Chike Isiuwe, a Nigerian. The bank board chairman is Alphan Njeru.
Other directors on board are Kenneth Orji, Prof Olive Mugenda, Oliver Alawuba, Ebele Ogbue, Suisan Nkirote Omanga, Moses Obonyo and George Otieno.
Apart from Isiuwe, top bank managers in hot soup are Mary Mulili, Evah Wahogo (Chief Operating Officer), John Oganda (Head of compliance), Debra Ogada(Country Head legal and company secretary) and Geoffrey Kimani (Head risk management).
Weekly Citizen has established the investigations want to unravel the period the bank has been engaged in clearing the billions campaign funds.
The syndicate has been on for years.
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