Corruption

Accountant, Director Charged Over Sh106M Fraud

An accountant and a director have been charged with conspiracy to defraud over a 100 million from Agro Irrigation and Pump Services Limited.

Peter Kamau Njuguna, the firm accountant and Jonathan Njenga Ndisya, Director, Joncil Enterprises are accused of conspiring to defraud Agro Irrigation Sh 106,822,690 by pretending that Joncil had deposited the said sum to the bank account of Agro Irrigation for goods supplied to Joncil.

The two are alleged to have committed this offense between 1st July 2018 and 31st March 2020 at Agro Irrigation and Pump Services limited.

Ndisya is also facing a charge of obtaining goods by false pretenses valued at Sh 106,822,690. He is said to have falsely obtained hardware goods from Agro Irrigation by pretending that he had deposited the said sum into their bank account.

Njuguna, on the other hand, is facing two charges of stealing by servant. He is accused of stealing Sh 4.7 million from Agro Irrigation by transferring the money to his personal account, money which got to his possession by virtue of his employment. 

He is also accused of stealing Sh 3.5 from Desire Flora (K) Limited by fraudulently transferring it to his personal account.

In addition, Njuguna is charged with fraudulent false accounting of the Sh 106 million to show that Joncil Enterprises had paid the said sum.


There's no story that cannot be told. We cover the stories that others don't want to be told, we bring you all the news you need. If you have tips, exposes or any story you need to be told bluntly and all queries write to us [email protected] also find us on Telegram

Related posts

Varsity Staff Union Want Maasai Mara University VC Removed

nairobi-exposed

Trans Nzoia Governor Khaemba Scared Of Appearing Before PAC Over Misappropriation Of Funds

nairobi-exposed

IFC, Milio International entangled in insider dealing claims over stalled MGT Project

nairobi-exposed

Con Game: How Peter Munga Received Sh135M For Britam Shares He Didn’t Own

nairobi-exposed

Businessman Charged Over Sh1.6 Million Insurance Fraud

nairobi-exposed

Why Kemsa Suspended CEO’s Freedom Is Short-lived

nairobi-exposed

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More