Detectives from Directorate of Criminal Investigations (DCI) have arrested three individuals suspected of orchestrating a sophisticated fraud scheme that siphoned over Ksh22.4 million from a local savings and credit cooperative society (SACCO).
Investigations revealed a complex network in which the suspects exploited the SACCO’s computerized financial systems to illegally transfer funds for personal gain.
At the centre of the scandal is Allan Karani, the SACCO’s ICT Assistant Officer, who is alleged to have masterminded the scheme.
DCI stated that accounts linked to Tony Mwenda, Sharon Kendi, Brivin Dentel, and Mawingu Plus Ltd served as conduits for receiving and withdrawing the stolen funds.
The first breakthrough came on June 4, 2026, with the arrest of Tony Mwenda. On June 10, 2026, DCI conducted a coordinated operation that led to the arrest of Allan Karani, Betty Kanana, and Sharon Kendi.
ALSO READ:
Gov’t pushes tea value addition as legislative setbacks stall reform agenda
During the operation, officers seized several mobile phones and a company laptop, all set for forensic analysis to determine the full scope of the fraud.
“Our investigations indicate that multiple suspects were involved, using the cooperative’s electronic systems to orchestrate the theft.” the statement from DCI read.
The arrested individuals are currently in custody awaiting arraignment. Authorities have warned that they may represent only a fraction of those involved, as investigations continue to uncover further perpetrators.
By Our reporter
Get more stories from our website: Sacco Review.
For comments and clarifications, write to: Saccoreview@
Kindly follow us via our social media pages on Facebook: Sacco Review Newspaper for timely updates
Stay ahead of the pack! Grab the latest Sacco Review newspaper!
