EACC arrests nine Treasury officials over Sh1.5bn PROFIT programme probe

Nine Senior Financial Officers from the National Treasury have been arrested by the Ethics and Anti-Corruption Commission (EACC), over alleged embezzlement and fraudulent disbursement of 1.5Billion shillings for the Rural Outreach of Financial Innovations and Technologies (PROFIT) Programme. The Initiative was implemented by the National Treasury between the 2013/2014 and 2023/2024 financial years, with funding from the International Fund for Agricultural Development (IFAD)