Sidian Bank, recently acquired by Kenyan President William Ruto in 2023, has been implicated in allegations of money laundering and financial misconduct. Reports indicate that the bank is facilitating withdrawals of large sums of money by government officials and criminal cartels, reminiscent of the 2015 National Youth Service (NYS) scam. Despite these allegations, the Central Bank of Kenya Governor, Kamau Thugge, has remained silent amid concerns about his controversial past. Observers note that Sidian Bank was reportedly bankrupt prior to its acquisition by Ruto, raising questions about the appropriateness of handling serious government services such as the Social Housing Fund through the institution. The situation has sparked calls for scrutiny of the bank's operations and its role in the Kenyan financial sector.