News
Family Feud Turns Criminal: Aircraft Firm Director Charged with Sh100M Theft
Infighting among siblings has led to the arrest and charging of a director of an aircraft firm for alleged theft of Sh100 million.
Nicholas Njoroge Ngatia, the director of Flex Air Charter limited, was arraigned before a Milimani court over claims of stealing from the company.
Njoroge appeared before Milimani Senior Principal Benmark Ekhubi where he denied several charges.
The first count stated that Njoroge stole Sh.32,777,320.00 from Flex Air Charters Limited which came into his possession by virtue of his job.
It is alleged that he committed the offence on diverse dates between 30 of November 2020 and 31 of August 2022, at Co-operative Bank of Kenya, being a director of Flex Air charters Limited.
On the second count, Njoroge is alleged to have stolen Sh27.1 million, on diverse dates between 28 of July 2022 and 18 of February 2023 at Guaranty Trust Bank (Kenya) limited, being a director of the firm.
Njoroge was further accused of stealing Sh.30,086,288.00 from the firm on diverse dates between 2nd August 2021 and 28 of February 2023 at 1 &M Bank Limited.
On the last count, Njoroge is alleged to have stolen from the firm USD57,394 from its US Dollars account, an offence he allegedly committed on diverse dates between 22 of December 2020 and 28 of May 2022 at Co-operative Bank.
The court ordered him to deposit cash bail of Sh5 million in court, to secure his release.
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