News

Three Employees of Progressive Credit Ltd Charged With Stealing 30 M.

Three employees of Progressive Credit Ltd were arraigned in court on Monday and charged with stealing Sh 30 M from the company. The three Francis Masai Musyimi, Mercy Mbinya Muthoka and Charity Maua Muthoka were charged with conspiring to steal Sh 30,998,000 from Progressive Credit Limited. It is alleged that the three together with Nicholas […]

Savannah Cement Ltd Director Benson Sande Ndeta charged with Sh 700 Million bank fraud. News

Savanna Cement Boss in Court Denies 700 M Bank Fraud Charges.

Savanna Cement Limited Director Benson Sande Ndeta was on Friday arraigned before a Nairobi court and charged with Sh 700 million bank fraud. Ndeta is accused of obtaining credit of USD 35 million from Absa Bank Kenya PLC purporting he was acting on behalf of savanna cement limited . However, Ndeta told Magistrate Gilbert Shikwe […]