Court releases three suspects believed to have conspired to steal millions of money from Progressive Credit Ltd after spending almost a week in police cells,
The three suspects Francis Masai Musyimi, Mercy Mbinya Muthoka and Charity Maua Muthoka were accused of conspiring to steal Ksh 30,998,000 from Progressive Credit Limited.
According to the prosecution, the three suspects together with Nicholas Muia Kyengo who is still at large, on diverse dates between April 12, 2022 and July 18, 2024 being employees of Progressive Credit Limited allegedly stole Ksh 30,998,000 from the said Limited.
Francis Masai Musyimi and Nicholas Muia Kyengo are separately charged with stealing by servant where the prosecution alleged that the two stole Ksh 30,998,000 from their employer, Progressive Credit Limited.h
Charity Maua Muthoka was also separately charged with stealing Ksh 30,998,000 from Progressive Credit limited on diverse dates between April 12, 2022 and July 18, 2024.
Consequently, Mercy Mbinya Muthoka faced a charge of stealingKsh 15,499,000 from Progressive Credit Limited on diverse dates between April 12, 2022 and July 18, 2024.
Appearing before Magistrate Benmark Ekhubi at Milimani Law Courts, the suspects denied the charges.
The prosecution vehemently opposed release of the suspects on bond or bail.
However, today Magistrate Benmark Ekhubi released Francis Masai Musyimi and Mercy Mbinya Muthoka on Ksh 5 million bond.
Charity Maua Muthoka, who is a judicial officer, based at Nyeri released on Ksh 3m bond with an alternative cash bail of Ksh 800,000.
The case will proceed on January 16, 2025.
