DPP investigates Diamond Trust Bank over suspicious transactions

The Director of Public Prosecutions Noordin Haji says his office is investigating Diamond Trust Bank over allegations that the bank may be aiding and abetting terrorism.

Haji who appeared before the National Assembly’s Justice and Legal Affairs Committee said DTB failed to report suspicious transactions in its Eastleigh branch, monies that may have been used to finance terrorists in Somalia and Syria.

He said there was need to seal existing gaps within the banking regulations so as to stem the audacious funding of terror as well as money laundering.

The DPP also told MPs that there are 88 corruption cases involving 16.8 billion shillings currently being prosecuted by his office.

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Meanwhile, the DPP has asked Parliament for more funding, saying the overall resource allocation of three billion shillings for the 2019/20 financial year would have a negative impact on service delivery in the crucial office.

The Office of the Director of Public Prosecution had asked for 4.95 billion shillings.

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