- Advertisement -

Nzioa Sugar managers in court over corruption

- Advertisement -
- Advertisement - Looad Video Ad

The Nzoia Sugar Company managing director and six other senior managers from the firm’s finance department were on Friday charged in a Bungoma court with embezzlement of funds. Mr Godfrey Sifuna Wanyonyi, the miller’s managing director, and the six managers appeared before a magistrate and were charged with the loss of Sh11.2 million from the milling plant.

They face 10 counts of economic crime ranging from abuse of office, fraudulent acquisition of public property, forgery and violation of public finance law and regulations.

The six senior managers charged alongside Mr Wanyonyi include John Wanyonyi Wekesa (chief cashier), Kenneth Onyango Omwango (cashier), Ben Sitati Wakhungu (supervisor, finance department), Robert Vincent Juma (accountant), Kennedy Wafula Wanjala (superintendent in general administration) and Juliet Nuna Ng’ang’a (clerk).

The court heard that the MD, while serving as a finance manager at the company between 2014 and 2015, failed to comply with the law on management of public funds leading to the loss of Sh11.2 million. He was further accused of using various vote books to swindle the company of the money.

Mr Wanyonyi was arrested in Nairobi on Thursday. The accused were released on a Sh3 million bond or cash bail of Sh1 million each, with the hearing of the case set for April 4 and 5.

[crp]

- Advertisement -
BUSINESS DAILY
BUSINESS DAILYhttp://www.businesstoday.co.ke
Business Daily is Kenya's only daily business newspaper published by the Nation Media Group. The newspaper, launched in March 2007, is published from Monday to Friday, with the Friday edition circulating over the weekend. It is based at the Nation Centre in Nairobi.
- Advertisement -
Must Read
- Advertisement -
Related News
- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here