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Three Faulu bank employees and five others charged with conspiracy to defraud property worth Ksh. 150M in Huruma

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BY PRUDENCE WANZA – Three Faulu Bank employees and five others have been charged with conspiracy to defraud Ksh. 150,000,000 through fraudulent auction.
The eight are accused of conspiring with intent to defraud Alice Wanjiru Wamwea by means of fraudulent auction of her property LR NO.209/11315 in Huruma Estate worth the Ksh.150m.

The accused are Amos Mugweru Mwangi, Peter Kefa Onsongo and Tom Jaseme (Faulu employees) Paul Mwangi Njuki, Robert Waweru Maina, Esther Muthoni Njoroge, Oksana Investment Supplies Limited and Antique Auctions Agency.

They are alleged to have committed the offence between 30th May 2015 and 28th March 2018.
Amos Mwangi is further charged with stealing Sh 22 million between 8th August 2014 and 11th April 2015 the property of  Wanjiru at the Faulu Bank Head office in Nairobi jointly with others not before court.
Esther Muthoni is also accused of forging the signature of the complainant on Faulu Bank loan application form purporting it to be genuine.

However, Muthoni did not appear in court to answer to the charges and warrants of arrest were issued against her. The rest pleaded not guilty before Senior Principal Magistrate Kenneth Cheruiyot.

The Magistrate ruled that the there are two cases in the high court regarding the same property and granted them a cash bail of Sh. 100,000. 

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