Couple charged with stealing Sh127m from NIC Bank

Daniel Kimuyu Mwero and his wife Naomi Wangui denied the charges on Friday before Senior Principal Magistrate Esther Bhoke of the Kibera Law Courts.

Photo credit: File | Nation Media Group

What you need to know:

  • Daniel Kimuyu Mwero and his wife Naomi Wangui are accused of transferring Sh103,388,459 from a Stanchart New York Nostro account, while pretending it was a genuine transaction.
  • The two are also charged with stealing Sh23,750,705 through from the same bank and in the same period, using an account held by Mr Mwero.

A couple has been charged with defrauding NIC Bank of more than Sh100 million in an alleged conspiracy with staffers.

Daniel Kimuyu Mwero and his wife Naomi Wangui are accused of transferring the bank's Sh103,388,459 from a Standard Chartered New York nostro account, while pretending it was a genuine transaction.

They allegedly committed the offence between July 24 and August 16 with others yet to be charged.

The two are also charged with stealing Sh23,750,705 through from the same bank and in the same period, using an account held by Mr Mwero, bringing the total amount in question to about Sh127 million.

The couple are further charged with handling stolen property by dishonestly undertaking disposal of the Sh23.7 million in Mr Mwero’s account at the bank, knowing or having reasons to believe the money had been stolen.

They denied the charges on Friday before Senior Principal Magistrate Esther Bhoke of the Kibera Law Courts.

The suspects were released on Sh3 million bond or Sh700,000 cash bail each, which they paid.

Their case will be mentioned on October 9.