By Michelle Ndaga
The Director of Public Prosecutions (DPP) has charged an NCBA Bank manager over the alleged theft of more than Sh52 million from the financial institution’s Kisii branch.
Philip Rotich Kiprono, who served as operations manager at the branch, was arraigned before the Kisii Law Courts on October 3, 2025, facing 134 criminal charges. Prosecutors allege that between December 13, 2022, and October 10, 2024, Kiprono fraudulently siphoned Sh52,404,084.95 while in his managerial role.
The charges brought against him include theft by servant, acquisition, possession and use of proceeds of crime, as well as forgery and uttering false documents. The offences contravene sections of the Penal Code and the Proceeds of Crime and Anti-Money Laundering Act, 2009.
Appearing before Senior Principal Magistrate Benard Obae Omwansa, Kiprono denied all the charges. The prosecution, led by Senior Assistant Director of Public Prosecutions Solomon Njeru, urged the court to impose strict bond terms, citing the substantial amount of money involved in the case.
The court directed that a ruling on bond terms will be delivered on October 9, 2025, while the pre-trial conference is scheduled for October 16, 2025. In the meantime, Kiprono has been remanded at Kisii Prison.
The case underscores growing concerns over financial fraud in the banking sector and highlights the DPP’s ongoing efforts to pursue accountability in economic crimes.