Former insurance firm employee charged over Ksh.89.5 million theft
Originally published by Citizen Digital — Read the original article →
A former Credit Control Officer at an insurance company has
been charged with stealing Ksh.89.5 million from his former employer in a
suspected fraud scheme involving the manipulation of financial systems and
suspicious transactions.
Bernard Kariuki Ngugi was arraigned at the Milimani Law Courts
on Friday, October 23, 2026, where he denied charges of theft by servant, money
laundering and other related offences.
He was released on a bond of Ksh.2 million or an alternative
cash bail of Ksh.800,000. The case will be mentioned on November 10, 2026, for
pre-trial directions.
