A man has been charged with defrauding Stima DT Sacco Limited Sh 1.4 million, impersonation and forgery.
Erastus Mutwiri Muga is charged alongside Brick Wick Limited with obtaining from Stima DT Sacco a credit in form of a loan amounting Sh 1,450,000 by falsely pretending that he was a relation manager at Insurance Regulatory Authority and an active member of the said Stima Sacco, eligible to secure a loan therefrom, a fact he knew to be false or not true.
Muga is alleged to have committed the offense on 22nd June 20218 in Nairobi, jointly with others not before court, with intent to defraud.
The accused person is also charged with impersonating Emmanuel Juma Eboso, a Public Relation Officer at Insurance Regulatory Authority.
In addition , Muga faces charges of forging a Stima Sacco letter of confirmation of employment status purporting it to be genuine, forging a bank account statement and forging a Stima Sacco membership application form.
Other forged documents include a Stima Sacco personal loan application and agreement form, repayment guarantee form, insurance regulatory authority payslips for the month of March, April and 2018, Mhasibu Sacco Society member statement form, Insurance Regulatory Authority’s letter of appointment to the position of public relations manager, Gulf African Bank application for standing order and electronic fund transfer (EFT) RTGS form .
Muga is also charged with use of proceeds of crime.
He denied the charges before Principal Magistrate Rose Ndombi and was granted a bond of Sh 2 million with alternative cash bail of Sh 1 million.
The case will be mentioned on 28th May 2018 for pre-trial directions.