Friday, July 25, 2025 - A Nairobi court has ordered the continued detention of Edmond Kiprono, a key suspect in the alleged theft of over Ksh 5 million from Guaranty Trust Bank Kenya Limited.
Kiprono is accused of conspiring with five other individuals, John Ngau Mwaura, Denis
Akumu Obori, Catherine Wangui Ngugi, Collin Wanyonyi, and Laban Ndolo, to steal
Ksh 5,090,099.36 from the bank
on June 19th, 2024.
In addition to the conspiracy charge, Kiprono faces a separate count of theft, where he
allegedly unlawfully took Ksh
4,315,207.40, also from the same institution.
Appearing before Magistrate
Carolyne Mugo at the Milimani
Law Courts, Kiprono pleaded not
guilty to all charges.
The prosecution
opposed his release on bond, citing that Kiprono went into hiding after
learning that his co-accused had been apprehended.
They argued that this behavior shows a high likelihood he might abscond trial
if set free.
In response, Magistrate
Mugo directed that Kiprono remain
in custody while a pre-bail
report is prepared.
The report will assess his suitability for release on bond and evaluate whether he can be
relied upon to attend future court sessions.
The case is set to return to court upon completion of the
pre-bail assessment.
Court Detains A Suspected Fraudster For Stealing Ksh 5M From Guaranty Trust Bank Kenya Limited
— Court Helicopter News (@CourtHelicopter) July 25, 2025
The suspect, together with five others, is accused of conspiring to steal Ksh 5 million from Guaranty Trust Bank Kenya Limited on June 9, 2024, in Nairobi, among other charges.
The… pic.twitter.com/XpzYNWBbDW
The Kenyan DAILY POST
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