The Ethics and Anti-Corruption Commission (EACC) Tuesday morning arrested the principal suspect in the Sh7.6 billion Triton Oil scandal.
EACC Spokesperson Eric Ngumbi said the suspect was apprehended from his offices in Nairobi.
He is being held at the cells in Milimani Anti-Corruption Court awaiting arraignment.
The oil scam, often known as the Triton Scandal, was allegedly made through the suspect’s company.
The offence was committed in August 2007 at the Kipevu Oil Storage Facility within Mombasa.
The firm, in which the suspect was the executive chairman, landed a lucrative tender to supply oil under a system introduced to help local oil firms.
In court months ago, the prosecutors said the suspect used his company in carrying out the business.
The prosecution told the court that between April 23 and December 4 2008 at the Kipevu oil storage facility within Mombasa county, jointly with others before the court, the suspect stole 2,000 Metric tons of Automotive Gas Oil valued at $215,934, the property of Kenya Commercial Bank.
The court was told between May 15 2008 and December 4, 2008 at Kipevu oil storage, jointly with others before court, stole 418.134 Metric tons of Motor spirit Premium valued at $438,031.10, the property of Kenya Commercial Bank.
The trial Magistrate was further told that between November 2, 2008, and December 4, 2008, at Kipevu, jointly with others before the court, stole 12,782 Metric tons of Automotive Gas oil valued at $7,999,691.39 the property of Kenya Commercial Bank.
Source: theStars .co.ke
Original writer: THE STAR REPORTER
