Investigations
Ex-Kuscco Directors Advocate Charged With Sh82M Fraud
They are accused of conspiring to defraud the financial institution by diverting Sh82,826,000, meant for the purchase of parcel of land LR23269/35 at Nairobi.
Three former officials of the Kenya Union of Saving & Credit Cooperatives Ltd (KUSCCO) have been charged with conspiracy to defraud the institution of over Sh82 million.
The three alongside an advocate were accused of diverting the millions meant for the purchase of a parcel of land.
The accused persons included George Mugutu Mwangi, George Ochila Owino, lawyer Jackline P. Atieno Omolo and Mercy Muthoni Njeru.
They were presented before Milimani Senior Principal Magistrate Dalpina Alego and denied the charges.
Magistrate Alego issued summons against George Otieno Ototo, who failed to appear in court for plea taking.
They are accused of conspiring to defraud the financial institution by diverting Sh82,826,000, meant for the purchase of parcel of land LR23269/35 at Nairobi.
It is alleged that they committed the offence on diverse dates between the month of October 2020 and April 2022 l, jointly with others not before court.
The prosecution told the court that they entered into agreement for sale of Land LR No.23269/35 in order to conceal or disguise the nature and source of Sh82,826,000 through accounts no. 11020 and 1001 held at KCB and Oriental Bank respectively.
Both accounts were under the name of Jackline P. A Omolo & Advocates whilst having reasons to believe that the said monies were proceeds of crime.
The charge sheet stated that they committed the fraud on diverse dates between 9th October 2020. and 30th April 2022 with others not before court, with intent to dispose of, the money.
Magutu, Ototo and lawyer Omolo were further accused of making an agreement for sale of land LR No.23269/35 to make it appear authentic, with intent to deceive.
The prosecution alleged that they committed the offence on the 6th day of October 2020 with intent to defraud or deceive.
Lawyer Jackline Omollo was accused of knowingly and fraudulently uttering to Moses Adeli a forged agreement for sale purporting to be a genuine agreement for sale of Land LR LR No.337/1925 Machakos from Catherine Wanjiku Mbugua.
They will remain in custody pending a ruling on Tuesday next week, on whether they will be freed on bond.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
Best Betting Sites in Kenya for 2026
How Safaricom Could Sell You Out To KRA
A Case That Refuses To Die: EABL Stake Sale Faces Fresh Challenge After Temporary Reprieve
The Kewota Racket: How Kenya’s Female Teachers Are Being Bled Dry
Raila-Linked Firm Benefited From G-to-G Fuel Import Deal
IEBC Registers Nearly 1 Million New Voters In 11 Days
Wattanga Fired Over Incompetence in Tech, Insiders Say
Why Kisumu Senator Tom Ojienda Is Suspected as the Hidden Hand Behind the Brutal Beating of Senator Godfrey Osotsi
Bia Tosha vs EABL: Why the Dispute Isn’t What You Might Have Been Told
The Lawyer at the Centre of Kenya’s State Machine: Eric Gumbo, the AG’s Bypassed Office, and the Half-Billion-Shilling Question
Forged Legacy: How Kaplan and Stratton’s Peter Gachuhi Is Accused of Faking a Top AG’s Will as State Claims Damning Evidence
‘They Will Eat You Alive’: Retired Teacher Warns Against Bashy African Credit as Sh500,000 Loan Spirals Into Sh1.5 Million Fight
THE HANDSHAKE THAT BECAME A NOOSE: How Tuju’s Alleged Intimate Access to EADB’s Yeda Apopo Produced a Sh294 Million Deal With No Written Contract, and Why That Trust Destroyed an Empire
Sold And Abandoned: How Diageo and Asahi Are Locking Kenya’s EABL Minority Shareholders Out Of East Africa’s Biggest Corporate Heist
How Firm Linked To Mombasa Tycoon Jaffer Was Allowed To Import Fuel At Bloated Price And Set To Make Billions In Profits From Iranian War Crisis In Kenya
Poison at the Pump: How Kenya’s Fuel Marking System May Be Exposing Millions to Cancer-Causing Chemicals
The Teflon Company: How Gulf Energy’s Insiders Built Billions on Kenya’s Fuel, and Walked Away Clean
THE ZAKHEM-ECOBANK MACHINE: How Kenya’s Courts Were Weaponised to Drain a State Corporation of Over KES 78 Billion
Men Linked to Akasha Drug Dynasty Charged With Death Threats and Assault at Nairobi Nightclub
Mombasa Lawyer Exposed In Sh600 Million Alleged Double-Dealing Diani Property Transaction
-
Investigations2 weeks agoForged Legacy: How Kaplan and Stratton’s Peter Gachuhi Is Accused of Faking a Top AG’s Will as State Claims Damning Evidence
-
Business2 weeks agoSold And Abandoned: How Diageo and Asahi Are Locking Kenya’s EABL Minority Shareholders Out Of East Africa’s Biggest Corporate Heist
-
Business2 weeks agoHow Firm Linked To Mombasa Tycoon Jaffer Was Allowed To Import Fuel At Bloated Price And Set To Make Billions In Profits From Iranian War Crisis In Kenya
-
Business2 weeks agoPoison at the Pump: How Kenya’s Fuel Marking System May Be Exposing Millions to Cancer-Causing Chemicals
-
Investigations1 week agoThe Teflon Company: How Gulf Energy’s Insiders Built Billions on Kenya’s Fuel, and Walked Away Clean
-
Investigations1 week agoTHE ZAKHEM-ECOBANK MACHINE: How Kenya’s Courts Were Weaponised to Drain a State Corporation of Over KES 78 Billion
-
News6 days agoMombasa Lawyer Exposed In Sh600 Million Alleged Double-Dealing Diani Property Transaction
-
Investigations1 week agoInside Details Of Sh78 Billion Fraud in KPC’s Mombasa-Nairobi Line 5 Pipeline Project That Has Continued To Bleed The Country