28 banks were involved in effecting payments of National Youth Service (NYS) funds dispatched to 11 companies.

Do you have a lead on a newsworthy story? Share news tips with us here at Hivisasa!

Parliamentary Public Accounts Committee Chairman Nicholas Gumbo Tuesday said they have decided to broaden probe over the loss of Sh1.67 billion.

The Committee listed 17 more banks that handled the stolen cash.

Gumbo said the Committee will write the The Directorate of Criminal Investigations (DCI) and the EACC to audit the bank transactions.

The Rarieda MP said the banks must appear before the Accounts Committee to explain the transactions they carried out.

Here are the banks that hold domain accounts for the companies that were involved in the NYS theft:

Equity Bank, Diamond Trust Bank, Standard Chartered Bank, Kenya Commercial bank, Cooperative Bank, Barclays Bank, Consolidated Bank of Kenya, First Community Bank, Bank of Baroda, I&M Bank, Transnational Bank, National Bank, NIC Bank and Chase Bank.

Others are Bank of Africa, Housing Finance, Jamii Bora, Sidian Bank, Commercial Bank of Africa, Fidelity Bank, Eco Bank, CFC Stanbic, Old Mutual Bank and African Bank Corporation.

“We’re not saying they are culpable.The only way to discount that is through investigations,” Gumbo said.