House team scrutinises NYS cash paper trail

New information shows more than Sh695 million from the National Youth Service may have been transacted through Guaranty Trust Bank (GT Bank).PHOTO: COURTESY

New information shows more than Sh695 million from the National Youth Service may have been transacted through Guaranty Trust Bank (GT Bank).

According to a paper trail in the possession of the National Assembly Public Accounts Committee, the money may have landed in the bank before finding its way to Faulu MicroFinance and Sidian Bank (Formerly K-Rep), where individuals and businesses held suspicious accounts.