An employee of Mwalimu National Sacco was on Friday, August 11, 2023, charged with stealing Ksh937,000 from the Sacco.
James Kori Waithanji, jointly with another still on the run, allegedly stole the money on diverse dates between June 14, 2021, and December 5, 2022, at Mwalimu National Sacco head office in Nairobi.
He further faced other charge of conspiracy to defraud where the prosecution alleged that James Kori on diverse dates between the same dates, at unknown place within the republic of Kenya jointly with another conspired defraud Mwalimu Sacco Ksh 937,000.
He was also charged with making false debit entry in the Sacco’s books of accounts. According to the prosecution on the said dates at Mwalimu National Sacco headquarters in Nairobi, the accountant with intent to defraud made a false debit entry of Ksh937,000.
Appearing before Milimani Principal Magistrate Bernard Ochoi, the suspect denied the charges and was released on Ksh 500,000 bond with an alternative cash bail of Ksh 300,000.
The case will be mentioned on August 26, for pretrial.
