Suspended Kenya Power Managing Director Ken Tarus and 10 other senior officials facing corruption-related charges in relation to the purchase of substandard transformers at the power company have been released on bail.
Anti-corruption Chief Magistrate Douglas Ogoti ordered them to pay a Ksh3 million bond or an alternative Ksh1 million cash bail on condition that they deposit their passports with the court and report to the office of Directorate of Criminal Investigation every two weeks.
In granting them bail, Ogoti ruled that no sufficient evidence was presented in court to demonstrate any likelihood that the suspects could interfere with witnesses if released
The defense in its submissions had argued that their clients deserved bail since as a constitutional right refuting claims by the prosecution they were a flight risk.
The same court issued a summon for two directors of M/S Muwa Trading Company who failed to appear in court on grounds that they had travelled abroad for medical treatment.
The suspects who also include former Kenya Power boss Ben Chumo, senior managers at the power company and four directors of M/S Muwa Tradinig Company have denied six counts including, conspiracy to commit economic crimes, abuse of office, conspiracy to defeat justice, aiding commission of a felony, fraudulent acquisition of public property and failing to comply with the procurement law.
It is alleged that while in the course of employment at Kenya Power they aided the directors of M/S Muwa Trading Company to fraudulently acquire public property worth Ksh409 million to supply substandard transformers.
The case will proceed for a pre-trial hearing on the 6th August this year.