Kenya: Banks Return Sh385 Million NYS Loot

Kenya's chief prosecutor has struck an out-of-court deal with five banks involved in the Sh11 billion National Youth Service scandal, which has seen the lenders refund the taxpayer Sh385 million.

Standard Chartered Kenya, Equity, Diamond Trust, Co-operative, and Kenya Commercial Bank have collectively refunded Sh385 million to government, just a fraction of the Sh11 billion that was lost through the scandal.

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