Court charges three for bank theft of over 300 million

Three suspects were Tuesday separately charged in a Nairobi court for allegedly conspiring to steal a total of Ksh.364.1 million from two local banks.

In the first case, a 24-year-old man, Kevin Kunga Mwaka, was charged with stealing Ksh.15 million from Family Bank and  jointly conspiring with others not before court to steal Ksh.294.8 million from the same bank on diverse dates between January 1, 2019 and January 20, 2019.

The court heard that Mr. Kunga, from an unknown location in Kenya, interfered with data in Family Bank’s core system by altering 22 pre-paid card balances involving amounts of Ksh.294.8 million.

He denied the charges before Milimani Senior Principal Magistrate Martha Mutuku and was released on a Ksh.1 million cash bail.

Two other suspects — John Wamugunda Wanjau and Duncan Muriithi Wanjau — were charged in the same court with conspiracy to defraud Barclays Bank of Kenya Ksh.69.3 million.

The two were charged that between October 25, 2018 and February 14, 2019 at unknown place in Kenya, they jointly with others not before court conspired to defraud the bank the said amount.

The two denied the charges and were released on cash bail of Ksh.200,000 each.

The cases will be mentioned in two weeks time.

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