Nairobi Court has issued warrants of arrest against five senior managers of the collapsed Dubai Bank for failing to honour summons to appear in court to answer charges for allegedly stealing Ksh 12 Million from the lender, failing to comply with Anti-Money Laundering Act and money laundering.
The five, including Dubai bank CEO Butt Binay and Operations Manager Dhiraj Kumar, had on 27th September been summoned to appear before court today but failed to show up.Sources close to them now say that its possible they could have fled out of the country.
The matter will be mentioned on 2nd December 2015
Source (Court Fillings)
