12
Apr
The first prosecution witness in the criminal case against the former Chief Executive Officer (CEO) and owner of the defunct Beige Bank, Mike Nyinaku, has alleged that the bank was turned into a ‘cash cow for the accused where customer funds were siphoned at his will. Julius Ayivor, a chartered accountant said the withdrawals were done at the beck and call of Nyinaku himself and his many companies, including The Beige Group Limited. The proceedings of the High Court held at the last sitting on April 3 was largely centred on one of the prosecution’s case involving a total of…