Recent reports have surfaced implicating Ecobank in facilitating corruption within Kenya’s judiciary.
Prominent legal figures, including former Law Society of Kenya Presidents Ahmednassir Abdullahi and Nelson Havi, have publicly criticized the bank’s purported involvement in unethical financial activities.
These accusations suggest that certain judges may be using financial institutions like Ecobank to launder bribes, thereby undermining the integrity of the judicial system.
Ahmednassir Abdullahi expressed his concerns on social media, stating, “This is crazy… judges owning a micro-finance bank for bribe laundering?…Even the famed Gambino Family of New York wasn’t this sophisticated.”
This statement implies that some judges might have ownership stakes in financial entities used to conceal illicit funds.
Nelson Havi has been vocal about corruption in the judiciary, suggesting that corrupt practices are becoming increasingly prevalent.
He remarked, “Inevitably, this corrupt energy will soon turn into transfer season for Kenya.
May the transferee be received well in hell.” These allegations have prompted responses from judicial bodies.
The Kenya Magistrates and Judges Association (KMJA) condemned the online attacks from Abdullahi and Havi, describing them as “unacceptable” and warning that such criticism could undermine the judiciary’s integrity and authority.
KMJA President Justice Stephen Radido emphasized that while the judiciary is open to constructive criticism, attacks on social media are counterproductive and could erode public trust in legal institutions.
The situation has sparked a broader debate about the relationship between financial institutions and the judiciary in Kenya.
Such actions would not only violate legal and ethical norms but also damage public confidence in the judicial system.
Ecobank, as a prominent financial institution, has a responsibility to ensure that its services are not used for illicit activities.