Four individuals have been charged in connection with the alleged theft of more than Ksh31 million from Kaluworks Limited.
The accused Esbon Wamathu Wandugo, Albert Kiptanui Kosgei, Mary Wamoyo Muriuki and Godfrey Otieno Owino are alleged to have committed the offences on diverse dates between January 2024 and September 2025 at Makadara Sub-County within Nairobi County, in the Kenya.
According to the charge sheet, the four, who were employees of Kaluworks Limited, allegedly stole Ksh31,053,520 that had come into their possession by virtue of their employment.
In a second count, the accused are charged with willfully and with intent to defraud falsifying the company’s accounting records. Prosecutors allege that they omitted material particulars in financial documents, including payment vouchers, cashbooks and ledger accounts, thereby misrepresenting the company’s true financial position and occasioning a financial loss of Ksh31,053,520.
They also face a third count of money laundering contrary to Section 3(a) as read with Section 16 of the Proceeds of Crime and Anti-Money Laundering Act (POCAMLA) Act No. 9 of 2009. The court heard that the accused allegedly engaged in transactions involving the stolen funds by depositing the money into personal and third-party bank accounts in an attempt to conceal and disguise the nature, source, ownership and movement of the funds.
Additionally, they have been charged with acquisition of proceeds of crime contrary to Section 4(a) as read with Section 16(1)(a) of POCAMLA, Chapter 59A of the Laws of Kenya.
The four appeared before Magistrate Rose Ndombi, where they pleaded not guilty to all charges. They were each released on a cash bail of Ksh500,000 pending the hearing and determination of the case.
