MPs want ex-KPA boss probed over Sh3bn Chase Bank loss

Former KPA managing director Gichiri Ndua. FILE PHOTO | NMG

Parliament wants the anti-corruption agency to investigate former Kenya Ports Authority (KPA) managing director Gichiri Ndua for allegedly disobeying the Treasury, leading to the loss of Sh3 billion in the collapsed Chase Bank.

The Public Investments Committee (PIC) has urged the Ethics and Anti-Corruption Commission (EACC) to probe Mr Ndua for “contravening a government directive” that all State corporations invest surplus money in Treasury bills and bonds instead of depositing it in commercial banks.

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