Nairobi Businessman Charged With Stealing Sh54M From Bank

A businessman has been charged with stealing over Sh 54 million from a GT Bank

Daniel Mwangi Mucheru appeared before Milimani Principal Magistrate Ben Mark Ekhubi and denied charges of defrauding Guaranty Trust Bank.

The charge stated that on or before 2nd April 2020 at unknown place, jointly with others not before court, Mucheru conspired to defraud the bank of Sh54,700,000.

He is further charged that on 2nd April 2020 and 29th May 2020, at Guaranty Bank (Kenya) Ltd, Skypark branch in Westlands, jointly with others not before court, he stole Sh 54,700,000 the property of the said Guaranty Trust Bank (Kenya) Ltd.

The court heard that the accused person had been prior relates charges and a warrant of arrest had been issued following his absense in court.

The case will be mentioned on May 15 for a ruling on his bail application.