High Court Judge Nixon Sifuna will today render his decision in an appeal filed by former investment manager Francis Moturi after he was convicted over the loss of Sh1.2 billion at NSSF.
A Magistrates court had in January 2022 found him guilty and sentenced him to 14 years in jail or pay a fine of Sh2.6 billion to secure his release.
The then anti-corruption magistrate Lawrence Mugambi found Moturi guilty of knowingly misleading the fund into making payments totalling Sh1.2 billion through irregular trading in shares through Discount Securities Limited (DSL).
His co-accused David Ndirangu and officials of DSL including Wilfred Mungoro (Finance Director) and Isaac Nyakundi were also found guilty of conspiracy to steal from NSSF through the purchase of shares.
Moturi was the head of the user department that was purchasing the shares.
He appealed his conviction which is coming up for judgment today.
Separately, the hearing of an appeal by former Laikipia north MP Lempurkwl who was jailed for one year for insulting MP Sarah Korer in 2016 proceeds today.
Lempurkel was freed on a bail of Sh100,000 pending a determination of the appeal.
In December 2021, Milimani senior principal magistrate Helen Okwany, in her ruling, held that Lempurkel assaulted Korere in 2016.
When she read out her ruling in November, Okwany said Lempurkel did not produce evidence that he was the one assaulted by the woman, which could have allowed the court to acquit him.
In his defence, the ex-lawmaker had produced a medical report that showed he was admitted to Karen Hospital.
The report showed he was suffering from high blood pressure and there was no indication of assault.
The magistrate in convicting him did not give the former lawmaker the option of a fine.
Consequently, Lempurkel was sent to the Kamiti Maximum Prison.
But he appealed his jailing and sought to be released on bail pending hearing and determination of his appeal. He has been out pending the determination of his appeal
