Former KEMRI boss Davy Koech found guilty of corruption – pay up Sh20m or serve 6 years

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Former Kenya Medical Research Institute (KEMRI) boss Prof Davy Kiprotich Koech, 70, has been convicted of corruption related charges.

He has the option of paying up Sh19.6 million or to serve 6 years behind bars.

On Wednesday, he tweeted ‘Ignore fake news spreading around that I’ve been arrested. The figure of 19.3 million that I am accused of stealing from KEMRI in 2006 was an administrative oversight that was corrected when it was returned years ago and with interest. Why the punishment? (Appreciation of a donkey are kicks)!’

He is currently the Chief Executive Officer Centre for Clinical & Molecular Sciences; a professor of Immunology & Molecular Medicine; and a distinguished professor, The Australian-Asian Institute of Civil Leadership.

In 2010, the top medical researcher Dr Davy Kiprotich Koech was accused of swindling the Kenya Medical Research Institute (Kemri) of Sh420 million.

The former long-serving Kemri director together with six others face nine counts ranging from fraudulent acquisition and disposal of public property, abuse of office and failure to comply with the law relating to the management of the retirement benefits scheme’s fund.

Jointly with Kipyego, the acclaimed researcher is alleged to have unlawfully transferred Sh342 million belonging to Kemri’s pension fund to an account held by AMST at Standard Chartered Bank’s Yaya Centre branch.

The seven were also accused of swindling Kemri of Sh19.8 million on diverse dates between May 2003 and April 2007.

 

 

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