Corruption

Two Finance Bosses Charged With Conspiracy to Steal Over Sh80 Million

Two senior finance managers of a private company were arraigned Monday over conspiracy to steal more than Sh80 million. the enterprise.

Bernard Omondi Odhiambo and Jimmy Nandwa, of Vintage Africa Limited (VAL), faced four counts before Milimani Chief Magistrate Martha Mutuku.

Mr Odhiambo is a finance manager while Mr Nandwa is a chief finance officer.

They were jointly charged with conspiring to steal Sh80,673,324 between June 1,2018 and May 21, 2020 .

Mr Odhiambo was separately charged with stealing Sh12,249,874 from the company while trading as Sense of Africa.

He faced an alternative charge of receiving that amount through his two M-Pesa accounts.

Mr Nandwa is accused of stealing Sh81,000 and retaining the same amount in his M-Pesa account.

He faced another charge of false accounting for allegedly showing that the Sh80.6 million had been debited from VAL’s account and used to pay its suppliers.

Defence lawyer Stanley Kang’ahi successfully applied for the release of the two on a Sh1 million bond.


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

Amnesty Kenya Chair Ngamau Arrested For Rallying Against Land Grab In Jamhuri Estate Involving Billionaire Kimani Rugendo

nairobi-exposed

Senator Murkomen loots Eldoret National Poly

nairobi-exposed

Justice Chitembwe In Court For Grabbing Nyali School Land

nairobi-exposed

Ngilu Is Next On The Chopping Board

nairobi-exposed

Aisha Jumwa Is Accused Of Embezzling Sh57.7 Million CDF Monies, Haji Orders Arrest

nairobi-exposed

Whistleblower Report To EACC Exposes Corruption In Narok County Government

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