Senor Counsel Ahmednasir Abdullahi who want Central Bank of Kenya Governor Dr Patrick Ngugi Njoroge investigated.
By SAM ALFAN.
Central Bank of Kenya Governor is a disturbed man following accusations that he is running the office like his personal property and incurring big expenditure.
Nairobi Law Monthly also wants Dr Patrick Ngugi Njoroge prosecuted for running CBK without a board of directors.
In a letter to the Ethics & Anti-Corruption Commission Chief Executive Halakhe Waqo on Tuesday, the Nairobi Law Monthly magazine accused Dr Njoroge of usurping the powers of the board.
It is following a move by the government gazetting the appointment of five directors of CBK for a four year term.
They said that since the appointment of Dr Njoroge last year, CBK has not constituted a board whose mandate is to formulate policy directions as per the CBK Act.
It also accuses Dr Njoroge of ‘running affairs of the bank like his personal property and incurring huge capital expenditure’ without any board’s authority.
The only member serving in that board on the board is chair Mr Mohamed Nyaoga.
They say the governor has been operating in an atmosphere where there is no oversight management.
“Our client’s complaint is that notwithstanding the lack of a lawfully constituted board of directors, the governor has been running a one-man show, he has spent, incurred expenses and created liability for the bank without due supervision as required by law,” the firm of Ahmednasir, Abdikadir & company says.
According to the publication, Dr Njoroge must be investigated over corruption without regard of his status, position, tribal or political affiliation and patronage.
“Dr Njoroge’s actions and omissions are a blatant case of abuse of office, of incurring expenditure without authority and is one where your office must fight impunity, our client seeks you intervention,” the letter read.
Dr Njoroge was appointed on June 19, 2015 and surprised the country after he turned down offers such as living in an expansive home in Nairobi’s Muthaiga, riding in a motorcade, a high-end smartphone, a bevy of security guards and three cars.
Instead, he opted to continue being housed in a communal accommodation in Nairobi’s Loresho estate with his fellow members of Opus Dei (Latin for “work of God”), an institution of the Catholic Church.
Also during his vetting in Parliament before his appointment by President Uhuru Kenyatta, he was probed on why he does not own property in Kenya and was still single at 54 yet his salary at the International Monetary Fund was Sh3 million a month. He said his lifestyle was a matter of choice.
