Nairobi director charged with stealing 80M

Man charged with stealing Ksh.80M, freed on Ksh.500K cash bail

HighChem Speciality Chemicals Limited Director David Njau Wambugu was on Monday charged with stealing Ksh.80 million from the organisation.

He was charged that on diverse dates between August 7, 2012 and April 26, 2016 at Standard Chartered Bank Limited Industrial Area Branch, he stole $804,879 (Ksh.80, 544, 241) the property of HighChem East Africa Limited.

Upon denying the charges however, Mr Njau and was released on a cash bail of Ksh.500,000 or Ksh.1 million bond.

The matter was set for hearing on April 3, 2019.

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