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Home - Case News - Moses Kipyegon denies stealing Sh 33M from his employer

Moses Kipyegon denies stealing Sh 33M from his employer

The Law spectacleBy The Law spectacleNovember 13, 2023 Case News
Businessman Moses Kipyegon
Businessman Moses Kipyegon

Moses Kipyegon, a man at the center of Sh 33M Fraud denied the charges. He is said to have allegedly defrauded the said amount from a private company contrary to the law.

The accused person was charged at a Kibera court for allegedly defrauding his employer of a tune of Sh33,231,365.79 contrary to the law.

Moses Kipyegon

He was charged by Chief Magistrate Ann Mwangi but he denied the charges. The court heard that the accused person committed the offense on diverse dates between June 10 and June 11 at an unknown place within the Republic of Kenya.

Businessman Moses Kipyegon
Moses Kipyegon

The prosecution told the court that his accomplices have been so far arrested and charged in court. “Other suspects have so far been charged before another court, I pray that the matter be mentioned on the fifth before the mentioned court where the other matter will be coming up for hearing,” said the prosecution.

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His lawyer told the court that the accused person was not a flight risk and pleaded for a lenient bond term. She told the court that the accused person has two kids and a wife who stays in Nyandarua and seriously depends on them.

The court heard that the other accused persons were released on Sh200,000 bond with an alternative cash bail of Sh50,000. The magistrate directed that the bond terms be maintained and the contact person be availed in court for questioning.

She directed that the matter be mentioned next month for further directions.

Moses Kipyegon Opinion
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