Director of Public Prosecutions Noordin Haji has opposed a bid by Royal Media Services owner SK Macharia to privately prosecute 14 directors of Directline Assurance Company Ltd for alleged fraudulent transfer of shares and cash amounting to Sh4 billion.
Mr Macharia, who is a top shareholder in the company, moved to court arguing that the DPP has failed to prosecute the directors over the handling of finances in the insurance firm and alleged fraudulent transfer of shares of the underwriter.
