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

Corrupt Faces Line Up For KeRRA Top Job

nairobi-exposed

How President William Ruto’s Son-In-Law Alexander Ezenagu Was Implicated In Africa’s Biggest Money Laundering Scandal

nairobi-exposed

Forgery Lands Asian Tycoon In Court

nairobi-exposed

Corruption: Firm Hired For Gov’t Cheap Gas For The Poor, Later Killed By Pro-Gas Owner Finally Folds

nairobi-exposed

Graft, Illicit Sex Exploits Emerge At Trans Nzoia County

nairobi-exposed

Greed On Steroids: Ruto’s Man, Mohamed Jaffer Caught Again In Land Grab Scandal, This Time Nairobi National Park

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