Rwanda: BNR Fraud Verdict Out Today

Kigali — Two employees of the National Bank of Rwanda (BNR) accused of embezzling Rwf 46m from the national treasury in 2007 will today appear before the High Court to hear the verdict on their appeal against the 5 year sentence they were handed.

The two, Francois Murenzi accused of single-handedly engineering the disappearance of Rwf 20m and Francois Rusagara for taking Rwf 26m from the national coffers, were arrested in 2007 after investigations by the bank's management unearthed a well-planned scheme by the duo to defraud the Central Bank of millions of francs .

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