Stepheneson Oduor Ouma the director of Signature Insurance Agency was today arraigned in a Nairobi court facing charges of stealing contrary to section 283 of the Penal Code.
According to the charge sheet, Stephenson on February 18,2023 at Fincorp Credit Limited in Nairobi being the director of Signature Insurance Agency being the contracted agency of Jubilee Health Insurance company stole Ksh 307,225 belonging to the mentally handcapped.
The said money had been entrusted to him by the Kenya Association for the intellectually handicapped to pay as premiums for the group medical scheme cover.
He was further charged with stealing Ksh 50,160 being part of premiums for the intellectually handicapped meant for comprehensive insurance cover.
Appearing before Milimani Principal Magistrate Bernard Ochoi, the accused director denied the charges and was released on a bond of Ksh 500,000 with an alternative cash bail of Ksh 300,000.
The case proceeds on August 23 for pretrial.
