Ex-CBK deputy governor in witness box

Former deputy Governor of the central bank of Kenya Eliphaz Riungu told the Goldenberg inquiry this week that he never opened accounts in the Indosuez Sogem Aval Ltd London branch bank for Central Bank of Kenya.

Riungu said his former boss Mr Eric Kotut invited the representatives of the bank to Kenya and authorised opening of the fictitious US$100 million account.

"Mr Kotut was in total control of things at CBK as you will come to learn at the end of this exercise. There is no doubt about that