Sunday December 11, 2016 – Former Central Bank Governor, Prof Njuguna Ndungu, and his wife, Nancy Wanjiru Ndungu, were among hyenas and mongrels that were behind the collapse of Imperial Bank in 2015.
According to the Financial Times, Ndungu and other senior CBK officials looted more than Sh 35 billion from Imperial Bank and that was the reason the bank collapsed.
The paper quotes several emails between CBK officials, Ndungu, his wife, Nancy, and some senior imperial banks discussing how to loot the bank.
One email allegedly sent from a CBK staffer to a senior Imperial Bank executive in June 2012 read:
“We agreed with Mzee (Imperial’s then chief executive Abdulmalek Janmohamed) in 2004 that my children would never lack school fees as long as his bank was in operation.”
Another one from a CBK email address in January 2015 to a senior Imperial Bank executive says:
“Blessed is the one that gives and forgets and the one who receives and never forgets. Thank you for the beautiful package. It will come in handy in the midst of the January blues.”
Another was an alleged email from a senior Imperial executive to a senior CBK staffer in November 2012 which read:
“It is time to pay up and no excuse this time. The attached is a CV from a daughter of a friend of mine who works at KRA [Kenya Revenue Authority]. This time you must assist.”
Kenyans are now asking President Uhuru Kenyatta to stop sleeping on the job and ensure Ndung’u and his wife, Nancy, are sent to jail for many years for looting from a bank which was a source of livelihood for many Kenyans.