Two people have denied conspiring to defraud Genghis Capital LTD 17 Million.
Ian Waihenya Ndungu and Damaris Wakiuru Ndirangu have also been accused of stealing over 11.9 Million from Genghis Capital LTD.
It is alleged that between March 2023 and September 2023 at Genghis Capital LTD the two jointly with others not before court conspired to defraud KSH.17,022,719 the property of Genghis Capital LTD.
Ian Waihenya is alleged to have dishonestly received over 10 Million in his bank account at Stanbick Chiromo Branch Nairobi between May 2023 and June 2023 while knowing or having a reason to believe that the money was stolen.
Damaris Wakiuru is alleged to have also dishonestly received KSH.1,584,921 in her Equity Bank account in Nairobi within Nairobi while knowing or having reason to believe the money was stolen.
They denied the charges before Chief Magistrate Susan Shitubi, they were ordered to be realised on a cash bail of 1 Million or an alternative bond of 3 Million with one surety.