Nairobi, Aug. 5 -- The Office of the Director of Public Prosecutions (ODPP) on Wednesday said it will charge the CEOs of Co-operative Bank, KCB and NCBA for failing to report suspicious transactions in connection with the loss of Sh363 million in an investment firm, escalating the fight against money laundering.

The CEOs -- Gideon Muriuki of Co-operative Bank, KCB's Paul Russo and John Gachora of NCBA -- are required to appear before a Milimani court in Nairobi on August 11 over the alleged failure to comply with reporting institutions' obligations.

The chief prosecutor indicated the CEOs failed to report suspicious transactions from funds believed to have been stolen from First Assurance Investment Ltd.

The ODPP and the Central Bank o...