BY NT CORRESPONDENT.
A businessman has been charged before a Nairobi Court with stealing over Sh 80 million from Highchem Limited.
David Njau Wambugu is a accused of stealing USD 804,879 (equivalent to Sh 80 Million), the property of Highchem Speciality Chemicals Limited limited and Highchem East Africa Limited.
Wambugu who also a director of Highchem speciality is alleged to have committed the offence between August 7, 2012 and April 26, 2016 at Standard Chartered Bank Limited, Industrial Area branch in Nairobi.
He denied the charge before Senior Principal Magistrate Martha Mutuku.
He was released on a cash bail of Sh 500,000.
The case will be heard on April 4,2019
