Intelligence officer among nine arrested in Sh160 million Sacco heist
Nine employees of Njiwa Sacco, and an officer working for the National Intelligence Service (NIS) have been arrested in relation to the disappearance of approximately Sh160 million.
The nine suspects were rounded up following comprehensive joint investigations, conducted by detectives and officials from the spy agency.
Among those arrested are an internal auditor, a loans manager, an accountant and a systems analyst.
Also arrested is a teller, an NIS officer who is believed to have colluded with a former employee of the Sacco to siphon the funds.
According to the police, the nine who have since been dismissed from the Sacco, will face nine counts of conspiracy to commit a felony, stealing by servant, false accounting by servant, negligence, computer fraud, forgery, uttering a false document, access with intent to commit an offence among other charges.
They will be arraigned in court on Monday, September 25, 2023 to answer to the charges.
Meanwhile, detectives are on the trail of three other suspects who have since gone into hiding.
The agencies involved in the investigation of this high-level fraud said they will continue to investigate and expose corrupt individuals and networks to ensure transparency and accountability in the management of public entities.