Nine Sacco Employees Arrested Over ‘Disappearance’ Of Ksh.160 Million
Police have arrested nine Njiwa Sacco officials for siphoning Ksh160 million that was saved by the officers from the National Intelligence Service (NIS).
According to the Directorate of Criminal Investigations (DCI), the nine are suspected to be responsible for the disappearance of the money from the Sacco over varied dates.
An NIS officer has been accused of colluding with Sacco officials to steal millions and has also been arrested.
Other officials arrested include Sacco’s internal auditor, the loans manager, an accountant, a teller, and two systems analysts.
“The employees of Njiwa Sacco, belonging to staff of the National Intelligence Service (NIS) were rounded up following comprehensive joint investigations, conducted by detectives and officials from the spy agency,” read the DCI report in part.
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DCI revealed that the nine have since been dismissed from the Sacco following their arrest even as their investigations continue.
The suspects will be arraigned in court on Monday, September 25, 2023.
DCI did not reveal the station where the nine were being held with reasons behind the decision also remaining scanty.
However, the agency added that the nine will be charged with conspiracy to commit a felony, stealing by a servant, false accounting by a servant, negligence, computer fraud, forgery, and access with intent to commit an offense among other charges.
Meanwhile, police have launched a manhunt for three other suspects who are reported to be on the run.
“The agencies involved in the investigation of this high-level fraud shall continue to investigate and expose corrupt individuals and networks while taking concrete steps to ensure transparency and accountability in the management of public entities,” read the statement in part.
Details of how the nine siphoned the money and the specific timelines when the money was lost are yet to be revealed.
Nine Sacco Employees Arrested Over ‘Disappearance’ Of Ksh.160 Million
