Stanbic wants DCI out in airline row

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Chief Executive Officer of Stanbic Bank Kenya and South Sudan Joshua Oigara during an interview on March 6, 2024 at Serena Hotel in Nairobi. File | Nation Media Group

Stanbic Bank and its chief executive officer Joshua Oigara have accused the Directorate of Criminal Investigations (DCI) of abusing criminal powers over summons issued to the lender over millions that were deposited in an airline’s bank account and later reversed.

The lender moved to court last week seeking to stop the DCI and Director of Public Prosecutions (DPP) Renson Ingonga from instituting charges against Mr Oigara, its directors, or staff in a row with Air Afrik Aviation Ltd.