Home Court News JKUAT students charged with Sh 190M fraud.

JKUAT students charged with Sh 190M fraud.

Mwangi and Wambui in court

Two students of Jomo Kenyatta University of Agriculture and Technology (JKUAT) have been charged at Milimani Law Courts with conspiracy to Defraud NCBA (K) Bank of over Sh 190 Million.

Anthony Mwangi and Ann Wambui were accused of committing the offense on or before October 20, 2020, jointly with others not before court.

In the second count, they were charged with stealing against the law.

The court heard that on dates between October 20 and 22, 2020 at NCBA Bank (K) PLC head office in the upper hill, jointly with others not before court stole Sh 25,400,000 the property of the said Bank.

Through lawyer Arunda, the defense made an application for a reasonable cash bail saying that they are second year students from the University.

He said that the bail is to ensure that the two appear in court and will comply with the orders the court will give the two accused persons presented themselves before Investigation Officer and cooperated so far.

“They are students at JKUAT and are to start their examination, Mwangi is 21 years and Wambui is 23 years,” said Arunda.

They sought 100,000 cash bail.

The court heard that they are students and are yet to start their examination.

Lawyer Oichoe said that whatever led to the charges was communication by the first accused to the bank that there was a system issue.

“The alleged crimes happened on an IT platform particularly a mobile phone,” said Oichoe.

It is Mwangi who informed the bank that there was a system breach through twitter, the accused persons had informed the bank that there was a system breach through twitter, the accused persons had been summoned to appear before the bank for inquiry today.

“They presented themselves before the bank and we are not arrested on,” said Oichoe.

They are said to have inspected this matter, they initiated this process.

The lawyer requested for Sh 100,000 cash bail.They are all in second year.

The prosecution said that proposal of a 100,000 is too lenient and urged the magistrate to take into account the amount involved.

The prosecution did not oppose bail as bail and bond is a constitutional right.

Magistrate Muthoni Nzibe was released on cash bail Sh 500,000 or a bond of Sh 2 million.

Mention on November 10 for per-trial.

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