The governor was given a sentence and a fine alongside a minister who served under him.
The announcement was made after students raised concerns over delays.
NTSA dealt the renowned SACCO a blow on Thursday, March 20.
The KMTC student's plight was aired on TV on Wednesday night.
The accident occurred approximately 7km from Mtito Andei along the busy Nairobi-Mombasa Highway.
This comes days after an incident involving a matatu belonging to the SACCO.
The rally has been known to cause massive traffic jams, with motorists sometimes stuck on the roads for hours.
The notice comes barely three days after President Ruto directed HELB to expedite financial aid to thousands of university students.
The gang carried out the daring heist at night.
The First Lady has lately been the subject of criticism from Kenyans online.