Two charged with stealing Sh12m from Sacco

By John Majau

Two young men accused of robbing a Sacco have been released on a cash bail of Sh500, 000 each or a bond of Sh1 million with a similar surety.

The two, Paul Mwenda Kubai and Moses Gitene Mwongera, a Meru County government staff denied a multiple counts before a Meru court including stealing Sh12, 223,060 from Transnation Sacco.

The court heard that on diverse dates between March 16, 2021 jointly with others not before the court they conspired with intent to defraud by means of  raising fictitious credit by transferring and withdrawing money from various accounts held at Transnation Sacco limited to an account NO 68260403433801 belonging to Gitene Mwongera amounting to Sh12, 223, 060.

Appearing before Principal Magistrate Edward Tsimonjero, the two also denied that on the same dates at Transnation Sacco Chogoria Branch in Tharaka Nithi County; jointly with others not before the court they stole Sh12, 223, 060 contrary to section 275 of penal code.

Kubai denied a third count of stealing by servant on the said dates at Chogoria Branch being a Credit Officer jointly with others not before the court stole the Sh12, 223, 060 property of Transnation Sacco.

Moses Gitene denied handling stolen property at Transnation Sacco Laare Branch otherwise than in the cause of stealing arranged the retention of Sh12, 223, 060 from Mwenda Kubai.

Kubai further denied being a Credit officer willfully and unlawfully with intent to defraud made false entry by transferring the money from various accounts held at Transnation Sacco to his account.

The case will be mentioned on June 8th for pre-trial and fixing of hearing date.

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