Mathira MP Rigathi Gachagua has denied receiving Sh12.5 billion through three bank accounts that are the subject of money laundering investigations, saying the allegations are based on a misunderstanding of how transactions accounts at the bank are operated.
The first-term MP reckons in court documents that he moved Sh200 million back and forth in his three accounts at Rafiki Micro Finance Bank over a period of seven years, giving the impression that the multiple entries were new deposits.
