A senior operations manager has been charged in court for allegedly siphoning more than Ksh 52 million from the firm.
According to the Office of the Director of Public Prosecutions (ODPP), the Kisii Law Courts heard that while serving at the bank’s Kisii branch, he fraudulently siphoned the money on different dates between December 13, 2022 and October 10, 2024.
The suspect was therefore charged with several offences, including theft by servant, acquisition of proceeds of crime, possession and use of proceeds of crime, as well as forgery and uttering false documents.
However, he pleaded not guilty to the charges.
The prosecution urged he court to impose stringent bond terms.
The Magistrate directed that a ruling on bond terms will be delivered on October 9, 2025.
