KIBWEZI MP, AND SENIOR CHASE BANK MANAGERS TO REMAIN IN CUSTODY PENDING BAIL RULING.

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Kibwezi Member of Parliament Patrick Mweu Musimba and his wife  Angela Mwende Musimba before Nairobi Court on Monday September 17,2018/PHOTO BY S.A.N.
BY SAM ALFAN.

Kibwezi Member of Boniface Mutisya Musambi, wife and top Chase Bank directors to remain in custody pending bail ruling on Thursday.

This after the trial court ordered the five accused to be detained at Kileleshwa police station awaiting the court ruling on whether to release them on bond or not.

“The accused be remanded at Kileleshwa police station pending bail ruling on 20 of September”. Ordered Magistrate Okwani.

Musimba and his wife were charged alongside former bank’s Chairman Mohamed Khan and several senior managers among them Dancun Kabui, James Mwenja, Makrios Agumbi, Luciane Sunter and Ronald Vlasman.

Court had issued an arrest warrant for both on Friday last week after they failed to appear on Thursday.

They pleaded not guilty to stealing and money laundering charges.

Embattled former Chairman of Chase Bank, Mohammed Zafrulla Khan , MP Patrick Mweu Musimba , his wife  Angela Mwende Musimba, Duncan Kabui Gichu , James Mwaura Mwenja , Makarios Omondi Agumbi , Patrick Mweu Musimba , Angela Mwende Musimba , Lucieni Sunter , Ronald Petrus Vsasman , Porting Access Limited and Itecs Limited are accused that Between 23 of January 2015 and 31 March 2016 at Chase Limited Head office in Nairobi with intent to defraud,  jointly conspired to steal from Chase Bank Limited Kshs.1,150,125,587,20 billion by irregularly disbursing the said amounts to porting Access Limited and Itecs Limited without following the payment process as stipulated under the finance policy of the Chase Bank (k) limited.

Kibwezi Member of Parliament Patrick Mweu Musimba , his wife  Angela Mwende Musimba, former Chase Bank Directors Duncan Kabui Gichu , James Mwaura Mwenja , Makarios Omondi Agumbi before Nairobi Court on Monday September 17,2018/PHOTO BY S.A.N.

Prosecution alleged that Mohammed Zafrula Khan, Duncan Kabui Gichu , James Mwaura Mwenja , Makarios Omondi Agumbi , Patrick Mweu Musimba , Angela Mwende Musimba , Lucieni Sunter , Ronald Petrus Vsasman , Porting Access Limited and Itecs Limited between 23 January 2015 and 31 March 2016 at Chase Bank (k) Limited Head office in Nairobi jointly stole Kshs. 1,150,125,587,20 from Chase Bank limited the property of the said bank.

Senior Prosecutor James Warui opposes their release on bail claiming that the accused had failed to appear in court on Thursday last week for plea taking.

Through lawyer Cecile Miller for Gichu, Mwenja and Agumbi the court was informed that the three were not aware that they were required to appear in court on Thursday.

https://youtu.be/pYgZ2nmcXqM

Miller who also represents Khan told the court that his clients are not at flight risk and should therefore be granted bail.

Duncan Kabui Gichu , James Mwaura Mwenja and Makarios Omondi Agumbi are accused that  between 23 January 2015 and 31 March 2016 at Chase Bank (k) Limited Head office in Nairobi being managers directors/CEO,General Manager Corporate Credit and General Manager Finance respectively of Chase Bank Limited jointly wuth others stole Kshs. 1,150,125,587,20 from Chase Bank limited which came in their position by virtue of employment.

Former Chase Bank chairman Zafrulla Khan and senior directors, Duncan Kabui Gichu , James Mwaura Mwenja and Makarios Omondi Agumbi are also charged with money laundering charges.

They are accused between 23 January 2015 and 31 March 2016 at Chase Bank (k) Limited Head office in Nairobi knowing or while reasonably ought to have known that Kshs. 740,443,687,20 formed part of the proceeds of crime , removed the said sum of money from Chase Bank Limited internal account number 0004005459002 and facilitated the transfer of the same to account number 010002061188 and 010002061445 domiciled at Paramount Universal Bank.

Mr Zafrla is facing Sh 1.15 billion he allegedly obtained through conspiracy and fraud Chase Bank.

He also accused between the same dates between 2015-2016 at Chase Bank (k) Limited Head office in Nairobi , knowingly or reasonably ought to have known that Kshs. 740,442,687,20 formed part of the proceeds of crime, removed the said money from Chase Bank Limited internal account number 0004005459002 and facilitated the transfer of the same amount to account number 010002061188 and 0100020614445 domiciled at Paramount universal Bank.

The matter will be mentioned on 20 September for bail ruling.

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