Man Charged With Allegedly Stealing Sh106 Million From Family Bank.

A man was arraigned on Monday, July 8, at the Milimani Law Courts and charged with allegedly stealing Ksh106,526,597 from Family Bank in Nairobi.

In a statement by the Office of the Director of Public Prosecutions, the suspect, Elias Kivuti Nyaga, jointly conspired with others who were not before the court to allegedly steal the amount.

The suspect and his accomplices are reported to have committed the crime between July 1, 2019 and November 25, 2021.

“It is alleged that on diverse dates between 1st July 2019 and 25th November 2021, Elias Kivuti Nyaga at Family Bank in Nairobi, jointly with others, not before court, stole the aforementioned cash, which belonged to Family Bank Limited,” read part of the statement by the ODPP.

According to the ODPP, the suspect was also charged with handling stolen goods, contrary to Section 322(1) as read with Section 322(2) of the penal code.

Nyaga pleaded not guilty to the charges that were brought against him, and he was released on a Ksh6 million bond.”He pleaded not guilty to all charges before Milimani Senior Principal Magistrate Gilbert Shikwe and was released a Ksh6 million bond and a surety of the same amount,” the ODPP remarked.

The ODPP disclosed that the matter will come up for a mention on July 22, 2024.