BY NT CORRESPONDENT.
Three Faulu Bank employees and five others have been charged with conspiracy to defraud 150 million through fraudulent auction.
Amos Mugweru Mwangi, Peter Kefa Onsongo (Faulu employees, Paul Mwangi Njuki, Robert Waweru Maina, Tom Jaseme (Faulu), Oksana Investment Supplies Limited and Antique Auctions Agency appeared before Milimani Principal Magistrate Kennedy Cheruiyot and pleaded not guilty to fraud charges.
The eight are accused that between May 30,2015 and March 28, 2018 conspired with intent to defraud Alice Wanjiru Wamwea by means of fraudulent auction of her property LR NO.209/11315 in Huruma Estate worth the above amount.
Amos Mwangi is further charged with stealing Sh 22 million between August 8 2014 and April 11, 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.
They were released on a cash bail of 100,000.
