By Reporter.
A Nairobi businessman has been charged with stealing Sh1.5 million from Absa Bank.
Jeremiah Mutemi Mwangangi appeared before Milimani Chief Magistrate Lucas Onyina where he pleaded not guilty to the charges.
The prosecution told the court that Mwangangi stole Sh1,499,997.00 from a Kenya shillings account , Credit Card Account and USD Account held at ABSA Bank Kenya PLC in the name of Jacob Odhong Omolo.
It is alleged that he committed the offence on April 15, 2025 at unknown place within the country, jointly with another not before court.
Mwangangi is accused of depositing Sh999,999.00 into his I&M Bank account which he allegedly knew or had reason to believe that the money formed part of or was proceeds of crime. The court heard that he made the deposit on April 15, 2025.
He was ordered to deposit cash bail of Sh200,000 in court, to secure his release.
