More banks, other than Family Bank, and several other companies have been linked to the National Youth Service (NYS) scam where more than Ksh 1.6 billion shillings was swindled.
The figure had initially established as Ksh 791 million but when Josephine Kabura appeared, one of the key suspects appeared before Parliament Accounts Committee (PAC) said that she handled more nearly Ksh 1.7 billion.
The PAC though its chair Nicholas Gumbo said that more billions could have been stolen. A report from NYS shows that other 28 banks had transactions with NYS.
Equity Bank Limited, Diamond Trust Bank, Co-operative Bank Limited, Barclays Bank, Bank of Baroda, National Bank, Chase Bank, Housing finance bank Commercial Bank of Africa, Old Mutual are among other banks that are in questions.
Gumbo further noted that more than 100 firms were involved in those transactions.